Online jobs site SEEK, has been busy in the bond market over the last few weeks:
Offering to redeem the $175m senior floating rate notes issued on 28 April 2017 and due April 2022 for cash.
Seeking to tap its existing $150m of subordinated notes which were issued in...
After David Jones was granted covenant waivers from its banks last week, bondholders will likely have little option but to agree to the waivers as well. This follows a reported collapse in sales last week.
David Jones and its stable of Australian fashion stores under the Country Road Group reported...
It is difficult to comprehend that the S&P500 is now pretty much unchanged on the year; how does that happen? Well, don’t fight the Fed is as good a place as any to start. In fairness, whether you believe the US jobs data or not, it was enough to...
Donald Trump largely stuck to his script on Friday when talking about Hong Kong and China, so investors collectively breathed a sigh of relief. As such, risk assets were able to largely squeak a bit higher, although 10yr UST yields dipped 5bp to 0.65%.
This may all change this week,...
NBN Co, owner and builder of the National Broadband Network, has announced what it says is a record-breaking issuance by an Australian company of $1.2 billion worth of five-year bonds with a low coupon rate of one per cent.
The transaction is due to settle on 3 December 2020 and...
Just as life in Australia seems to be getting back to normal, it was also more of the same in financial markets, as we saw a small recovery from the savage sell-off on Thursday. As I suggested on Friday, there appears to be more cash on the sidelines looking...
Evolve Education (ASX: EVO) has successfully priced an issue of A$35 million 7.5% senior secured Australian medium-term notes in a wholesale offering.
The notes are expected to be issued on 4th December 2020 and will mature in December 2025.
Evolve operates 127 childcare centres across New Zealand and Australia. It has...
Investors chasing yield in an environment of low interest rates have greeted AMP Life with high demand for a $300 million bond raising this week.
According to a report in The Australian, AMP Life has received orders worth $1 billion.
Per the report, prospective investors are being offered the bonds at...
VisionFund International (VisionFund), the mission-focused microfinance subsidiary of children's charity World Vision, today announces it has raised AUD20 million with its first bond issue.
In alignment with World Vision’s focus on children’s well-being and with the UN’s Sustainable Development Goals of promoting sustainable economic growth (SDG 8) and gender equality...
National Australia Bank (NAB) today priced a $300 million green bond that will help improve the environmental performance of shopping centres owned by QIC Shopping Centre Fund (QSCF), one of the largest shopping centre landlords in Australia.
The QSCF green bond is the world’s first Climate Bond-certified green bond to...
