IPO – Colonial Group Subordinated Notes (ASX:CNGHA)
Colonial Group Subordinated Notes
– Guaranteed Allocation
A high income investment in Colonial Group
Wealth Focus has now secured allocation of the Colonial Group Subordinated Notes IPO. Investors looking to apply for a firm allocation will need to contact us on 1300 55 98 69.
We currently still have some allocation and are allocating out on a first come first served basis.
Colonial Subordinated Notes are expected to be oversubscribed
One of our favoured issues from the offers launched this last week, Colonial Subordinated Notes indicative rate of 3.25%%pa over the 90 day BBSW (4.38% – 23/02/12), paying 7.63%pa, high credit rating and ownership by CBA, means Colonial Subordinated Notes are likely to be very sought after.
- Download a prospectus
- Download a fact sheet
- Download our analysis of the current fixed income offers
Call us on 1300 559 869 to ask us to secure an allocation.
- Broker firm offer – Our allocation through the broker firm offer means investors are more likely to obtain their allocation without waiting for the general offer.
- Limited Offer – The offer is to raise approximately $500 Million, with the ability to raise more or less. The shares will be traded on the ASX
- Income – Colonial Subordinated Notes provides holders with quarterly unfranked distributions.
- High level of income – The distribution rate (to be determined by the demand this week) is expected to be 3.25% over the 90 day Bank Bill Swap Rate (4.38% – 23/02/2012) for an indicative rate of 7.63%pa.
- Minimum investment – $10,000 (this is a Wealth Focus minimum)
- Issue Price – $100
Find out more
If you would like further information on Colonial Group Notes Offer, please click on the links below:
- Fact sheet
- View our analysis of the current hybrid offers
- Bell Potter Research on this issue
Wealth Focus Pty Ltd
What do we get paid?
Wealth Focus will receive a commission of up to 1% plus GST of the amount invested. This commission is paid by the product issuer and is NOT an additional charge to the investor.