Funds Focus

ANZ has just announced the launch of a new income offer: ANZ Capital Notes 4. The first round of access is through a broker firm allocation, prior to shareholder and general offer and listing in September.

The Notes will pay a quarterly coupon of 4.7%-4.9% (margin determined by the book build) over the 90 day bank bill swap rate (BBSW), which was 1.76% as of 19th August. The initial indicative rate will be 6.46%-6.66%pa with the rate to be set on the date of issue. The Notes are expected to

Mercantile has just announced the launch of a new income offer: Mercantile Notes. Access is available through a broker firm allocation, shareholder and general offer, prior to listing later this month.

The Notes will pay a half yearly coupon at 8%pa and are due to mature 7th June 2021. The Notes will be tradable on the ASX.

This issue will be used primarily to expand the underlying portfolio and repay existing short term debt.

Mercantile Notes Offer Details
Issuer – Mercantile

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

The Notes will pay a quarterly coupon of 4.95%-5.1% (margin determined by the book build) over the 90 day bank bill swap rate (BBSW), which was 1.99% as of 31st May. The initial indicative rate will be 6.94%-7.09%pa with the rate to be set on the date of issue. The Notes are expected to redeem on