Hybrids Archives - Fixed Income News Australia

Hybrids

Westpac Launches A New Hybrid – Westpac Capital Notes 7

Staff Writer

Today, Westpac launched a new Tier 1 hybrid, raising funds to repay the WBCPF due for first optional call in March 2021. Westpac is the...

Hybrids

Judo Bank Capital Notes Likely to Yield over 10% p.a.

Brenton Gibbs

Judo Bank has launched its inaugural capital notes offer to raise approximately $75 million. The offer has been issued by Judo Capital Holdings Limited (ASX:JDO)...

Hybrids

Macquarie Group Capital Notes 5 Swamped By Demand

Brenton Gibbs

The new Macquarie Group Capital Notes 5 (MQGPE) offer has been swamped with demand and repriced to a margin lower than the 3.00-3.20% bookbuild...

Hybrids

More New Hybrids Issued – BEN and BOQ

Staff Writer

Last week, Bendigo and Adelaide Bank launched a new hybrid seeking to raise $350 million. The proceeds will be used for the redemption of...

Hybrids

NAB Launches a New Hybrid NABPH – NAB Capital Notes 5

Elizabeth Moran

Today, National Australia Bank launched a new Tier 1 hybrid, NAB Capital Notes 5 (NABPH) hoping to raise $750m or more to fund the...

Hybrids

IAG Announces Margin On Capital Notes 3 Offer

Staff Writer

Insurance Australia Group this week announced the offer of Capital Notes 3, seeking to raise A$300 million. The offer is part of IAG's capital...

Hybrids

Launch of IAG Capital Notes 2; Dexus Prices

Brenton Gibbs

Insurance Australia Group is seeking to raise $400 million through the offer of IAG Capital Notes 2, which the company says is part of...

Hybrids

Westpac Hybrid Bookbuild Raises $1.75 Billion

Brenton Gibbs

Westpac has announced its completed bookbuild for its Westpac Capital Notes 10 offer has raised $1.75 billion. The margin was set at 3.10% per annum...

Hybrids

Hybrid Security Action – NAB and Challenger

Staff Writer

NABHAs being redeemed at last? NAB has announced that it will be seeking shareholder approval at its AGM to redeem its NABHA perpetual hybrid in...

Hybrids

NAB Raises At Least $1.95 Billion To Refinance Its NABPC Hybrid

Elizabeth Moran

NAB announced it has raised at least $1.95bn for general corporate purposes including refinancing its existing hybrid (ASX:NABPC) which has $1.3bn outstanding. The margin was...