SEEK SUBORDINATED NOTES

SEEK SUBORDINATED NOTES

Minimum Investment $10,000
Expected Close 24/06/2012

A high yield fixed income investment from SEEK

No longer available

Wealth Focus has secured access to an allocation to the SEEK Subordinated Notes IPO. Investors looking to apply for a broker firm allocation will need to contact us on 1300 55 98 69.

SEEK Subordinated Notes

SEEK are the latest in a string of companies to offer a fixed income investment. We have a preference for Tatts Bonds and NAB Subordinated Notes that are on offer, but expect that many investors will be attracted to the minimum 5 year fixed rate of 8.60% (indicative rates of 8.42%-8.92% – 05/06/12, to be set by bookbuild).


 

Call us on 1300 559 869 to ask us to secure your allocation.


Key Features

  • Broker firm offer – Our allocation through the broker firm offer means investors are more likely to obtain their allocation without waiting for the general & shareholder offer.
  • Limited Offer – The offer is to raise approximately $125 Million, with the ability to raise more or less. The Notes will be traded on the ASX.
  • Income – SEEK Subordinated Notes provide holders with semi-annual fully franked distributions.
  • High level of income – The indicative distribution rate is 8.42%-8.92% (min. 8.60%). Calculated as 5%-5.5% over the 5 year Bank Bill Swap Rate of 3.42% (05/06/12). After which the security continues as a perpetual security trading at 7%-7.5% over the 180 day BBSW.
  • Minimum investment – $10,000 (this is a Wealth Focus minimum)
  • Issue Price – $100

Find out more

If you would like further information on SEEK Subordinated Notes Offer, please click on the links below:

Please call us on 1300 559 869 to secure your allocation.

Best regards

 

 

Sulieman Ravell
Wealth Focus Pty Ltd


What do we get paid?

Wealth Focus will receive a commission of 0.909% (exc. GST) of the amount invested. This commission is paid by the product issuer and is NOT an additional charge to the investor.

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