Bond market specialist FIIG Securities has been sued by ASIC over alleged cybersecurity failures which enabled the theft of 385GB of data, which was then published on the dark web.
Finance group Argonaut has won a Supreme Court ruling against Perth company director Russell Moran, who could owe in excess of $30 million after taking out a high-interest loan six years ago to buy
Zenith Energy has completed a $40 million issue of subordinated debt notes through FIIG Securities, with the proceeds to be used for refinancing existing debt, capital expenditure and acquisitions.
A local power generator majority owned by Rod Jones's Hoperidge Capital has refinanced its bank debt through a $44 million bond issue which the company believes will give it more flexibility, including the potential to pursue a 100-megawatt solar farm.
Kalgoorlie-based Goldfields Money has named former broker Simon Lyons as its new chief executive, concluding a lengthy board renewal process, which began three years ago when the company listed on the ASX.
Perth based hydrocarbon production firm Antares Energy has announced it intends to place 9.75 million convertible notes at an issue price of $2.00 per note to raise $19.5 million.
After 20 years in the stockbroking business, Simon Lyons stepped away from equities to enter the fixed income sector as a director of specialist group FIIG, offering an alternative for investors and an option to bank finance for business.
