Shares of Supply@ME (SYME) jumped 33.3% after listing its 4-year note

Key points:

  • SYME stock jumped 33.35 after listing its 4-year senior rating.
  • The notes were listed on Smat, a Swiss wealth management platform.
  • Institutional investors appear to be confident in SYME’s outlook.

the [email protected] Capital PLC (LON:SYME) share price jumped 33.3% after TradeFlow Capital Management’s 4-year senior bond was listed on Smat, one of Switzerland’s leading management platforms of heritage.

The Senior Notes were issued by TradeFlow’s CEMP USD Trade Flow Fund and arranged by Conduit Securities Pte Ltd.

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Investors applauded the move which bolsters the credibility of SYME’s inventory monetization business model, which has drawn criticism.

The ratings listing on the Smat shows that Swiss investment managers are ready to support the company’s funding needs by buying the senior ratings, indicating they are confident in the company’s prospects.

Dr. Tom James, TradeFlow Capital’s CEO and CIO, said: “The issuance of this senior note on Smat further solidifies TradeFlow’s mission to support SMEs as they recover from the Covid-19 pandemic and will ease entry barriers for investors looking to enter the trade finance space.”

Anthony Toboul, CEO of Smat, said: “We are delighted to welcome TradeFlow to Smat. Tom and his team are reinventing commodity trade finance with their unique loan-free approach. With its all-in-one digital platform, this trade finance fintech is a scalable answer to the massive funding gap problem faced by SMEs in the sector, making a difference in impact investing.

Benoit-Gilles Cambier, CEO of Conduit Suisse, said: “We were delighted to introduce TradeFlow Capital to Smat, as TradeFlow’s differentiated approach to trade finance aligns with both Conduit’s focus on innovative alternative investments and Smat’s digital approach. to distribute to Swiss wealth managers.The innovative investment strategies pioneered by TradeFlow are representative of the kind of thinking that will help businesses thrive in the post-pandemic global economy.

Shares of SYME fell 43.98% in 2022, bringing their total losses over the past year to 83.74% after some of its crucial milestones were delayed due to factors beyond its control.

However, SYME management expects to perform better this year.

*This is not investment advice. Always do your due diligence before making investment decisions.

SYME share price.

Supply@Me Capital share price 18-03-2022
Source: IG

[email protected] The Capital’s share price jumped 33.3% to trade at 0.12p, up from Thursday’s closing price of 0.09p.

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