Funds Focus

Peet has just announced the launch of a new income offer: Peet Bonds. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in December.

The Notes will pay a half yearly coupon at 7.5%pa and are due to mature 7th June 2021. The bond will be tradable on the ASX.

This issue will be used primarily to repurchase $50 Million Peet Convertible Notes due to mature in June.
Peet
For those not familiar with the Peet, they are one of Australia’s

The misconception that fully franked is better than unfranked income
Over the last 2 years, we have had the pleasure of dealing with hundreds of investors taking advantage of our service on the hybrids/ income securities that we have seen coming to market. You will have noticed that over time we have gradually been building up our research to provide investors with some analysis on how to compare products and where we see these sitting within portfolios. However, one of the common

Tatts Group has just announced the launch of a new income offer: Tatts Bonds.The first round of access is through a broker firm allocation, prior to shareholder and general offers and listing at the end of this month.

The Bonds will pay a quarterly coupon of 2.90%-3.10% over the 90 day bank bill swap rate (BBSW), 3.53% as of 29th May, with an initial indicative rate of 6.43%-6.63%pa. (The first quarter’s pricing is due to be set on date of issue) and are due to mature on the 5th July 2019