Mogo 10% Secured Debenture
recently launched secured 10% debenture runs for 36 months. Is this a good investment?
https://web.tmxmoney.com/quote.php?qm_symbol=MOGO.DB
source: Mogo investor relations
The Debentures bear interest from today’s date at 10% per annum, payable semi-annually on May 31 and November 30 of each year. The Debentures are conditionally listed for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “MOGO.DB”, subject to the Company fulfilling all of the listing requirements of the TSX on or before August 4, 2017.
The Debentures will bear interest from the date of closing of the Offering (the "Closing Date") at 10% per annum, payable semi-annually ("Interest"). The Debentures will have a maturity date of 36 months from the Closing Date (the "Maturity Date").
https://web.tmxmoney.com/quote.php?qm_symbol=MOGO.DB
source: Mogo investor relations
The Debentures bear interest from today’s date at 10% per annum, payable semi-annually on May 31 and November 30 of each year. The Debentures are conditionally listed for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “MOGO.DB”, subject to the Company fulfilling all of the listing requirements of the TSX on or before August 4, 2017.
The Debentures will bear interest from the date of closing of the Offering (the "Closing Date") at 10% per annum, payable semi-annually ("Interest"). The Debentures will have a maturity date of 36 months from the Closing Date (the "Maturity Date").