Vicinity Limited, founded in 2020 and headquartered in Melbourne, Australia, is a leading provider of location-based advertising solutions. The company specializes in delivering targeted marketing through its innovative platform, connecting retailers with consumers via location data and insights.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VCXAU 4.00% 2027-04-26 AUDVicinity Limited | Australia | 2027-04-26 | 4.000 | 4.73 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Vicinity Limited began issuing bonds in 2021 to fund its expansion and technological advancements, with a notable issuance of A$300 million in 2022 which featured a 10-year maturity. Currently, Vicinity’s bonds yield an enticing 2.75%, aligning well with industry averages, while their unique callable feature allows for adaptive strategy in changing market conditions. Recent news highlights the successful refinancing of older debt, demonstrating the company’s robust financial management and commitment to maintaining a strong balance sheet.