Woolworths has just announced the launch of a new income offer: Woolworths Notes II.The first round of access is through a broker firm allocation, prior to general offer and institutional offer before listing in November.
The Notes will pay a quarterly coupon at 3.25%-3.50% over the 90 day bank bill swap rate (BBSW), 4.76% as of 17th October, with an initial indicative rate of 8.01%-8.26%pa. (The first quarter’s pricing is due to be set on date of issue) and are expected to redeem 24th
