Commonwealth Brewery Limited’s (CBL) much talked about initial public offering (IPO) may get a boost from a plan that offers 100 percent financing at interest rates up to 16 percent.
Fidelity Bank is offering the loan as a part of its existing loan consolidation program. At 100 percent financing for an equity security — usually at the very bottom of the pecking order should a company go bust — investors considering the loan option with interest rates far beyond CBL’s recent dividend yields should give the loan careful consideration.
“When individuals are investing in any offer of securities, they should take investment advice from a licenced security ...

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