Search results of Tag: Allocation

Wealth Focus

Suncorp Capital Notes 2 (SUNPG) – Analysis

Suncorp Group has just announced the launch of a new income offer: Suncorp Group Capital Notes 2. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in November. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 3.65%-3.85% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.70% as of 23rd October, with an initial indicative rate of 5.35%-5.55%pa. (The first pricing is

Suncorp, Invest, Hybrid, IPO, Income, Allocation, application
Wealth Focus

Bendigo & Adelaide Bank CPS4 (BENPG) – Analysis

Bendigo & Adelaide Bank has just announced the launch of a new income offer: Bendigo & Adelaide Bank Convertible Preference Shares 4. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in December.

Note: There is no Customer or General Offer

The Shares will pay a quarterly coupon of 3.75%-3.95% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.70% as of 16th October, with an initial

Invest, Hybrid, IPO, Income, Allocation, application, research
Wealth Focus

ANZ Capital Notes 2 (ANZPE) – Analysis

ANZ Bank has just announced the launch of a new income offer: ANZ Capital Notes 2.The first round of access is through a broker firm allocation, prior to shareholder offer and listing in August.

The Notes will pay a semi annual coupon of 3.4%-3.6% (rate determined by the bookbuild) over the 180 day bank bill swap rate (BBSW), which was 2.82% as of 2nd July, with an initial indicative rate of 6.22%-6.42%pa. (The first pricing is due to be set on date of issue) The Notes are expected to redeem

Hybrid, IPO, Capital Notes, Allocation, ANZ, Broker Firm Allocation, Hybrid IPO