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Travelex completes £35 million funding raise

Posted on 2022-01-10 By admin No Comments on Travelex completes £35 million funding raise

Travelex announces that it has successfully concluded the raising of £35 million of additional funding following the issuance of an additional number of new money notes (in a face value amount of approximately £37.2 million) by the company and the connected issuance of ordinary shares in Travelex Topco Limited, which are stapled to the Additional New Money Notes.

The Additional New Money Notes have the same terms and conditions and ISIN (XS2248458049) as the existing new money notes. An application will shortly be made for the Additional New Money Notes to be admitted to trading on the Vienna MTF (as operated by the Vienna Stock Exchange).

In October, Travelex announced that it had successfully concluded the raising of £15 million of additional funding following the issuance of an additional number of new money notes (in a face value amount of approximately £16 million) by the company.

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