With shares in buy-now pay-later giant Zip Co (ASX: ZIP) now trading at their highest levels in more than two years, the leadership has made the call to raise up to $267 million to fund an early repayment of its corporate debt facility.
The raise includes a fully underwritten share placement of $2https://www.businessnewsaustralia.com/17 million before costs, plus a non-underwritten share puHrchase plan (SPP) seeking an additional $50 million.
The Sydney-headquartered fintech will raise the…