debt
confidence high
sentiment neutral
materiality 0.35
Propanc Biopharma enters $150K AUD loan agreement with 12% interest, due Nov 2024
Propanc Biopharma, Inc.
- Loan of $150,000 AUD effective Aug 1, 2024, with maturity Nov 1, 2024.
- Interest rate 12% per annum; prepayable at any time without penalty.
- Proceeds will be used for general working capital purposes.
- Loan issued under private placement exemption per Section 4(a)(2) and Rule 506.