MYOB Group has just announced the launch of a new income offer: MYOB Subordinated Notes.The first round of access is through a broker firm allocation, prior to the general offer and listing in December.
The Notes will pay a quarterly coupon of 5.0%-5.5% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 3.27% as of 23rd December, with an initial indicative rate of 9.97%-10.27%pa (The first pricing is due to be set on date of issue). The Notes are expected
