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ARBKL

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Argo Blockchain Plc 8.75% Senior Notes Due 2026

3.1238
+0.4138 (+15.27%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 2.71
Day's Range: 2.62 - 3.79
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When Written:
 
6.69
Argo Blockchain plc is a UK-based company that operates a cryptocurrency mining business. In January 2021, the company issued $20 million worth of 8.75% Senior Notes due 2026, which are listed on the London Stock Exchange. The notes were issued at par and pay interest semi-annually. The proceeds from the notes were used to fund the company's expansion plans, including the purchase of new mining equipment and the development of new mining facilities. The notes are unsecured and rank pari passu with the company's other unsecured indebtedness. The notes are also subject to certain covenants, including restrictions on the company's ability to incur additional debt or pay dividends. The notes have a final maturity date of January 21, 2026.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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