Australian non-bank lender Wisr has launched A$225 million of asset-backed securities (ABS) as the company "aggressively" pursues its growth target.
ABS is a form of investment collateralised by a pool of assets that usually generate a cash flow from debt, such as loans.
ABS are an alternative to other debt instruments...
Corporate watchdog ASIC is alerting investors about a suspicious Limestonefx website falsely claiming to be associated with an Australian financial service.
ASIC warns the limestonefx.com site, which lists bonds as one of its trading markets, wrongly claims it is associated with Limestone FX Pty Ltd, an authorised representative of Baileyhenry...
Online shopping giant Amazon has launched its largest ever bond deal to take advantage of cheap borrowing costs despite its significant cash position.
The US$18.5bn, eight-part deal surpasses its 2017 deal to fund its acquisition of Whole Foods and is more than its $US10 billion 2020 issue for general corporate...
Investment management firm Loomis, Sayles & Company has been awarded an AU$180m US asset-backed securities mandate by Adelaide-based industry fund Statewide Super.
Boston-based Loomis Sayles is an affiliate of Natixis Investment Managers.
Louise Watson, Managing Director for Natixis, said: “This mandate between Statewide Super and our affiliate, Loomis Sayles, means that...
Back in February, National Australia Bank repurchased its perpetual NABHA $2 billion hybrid and since then others have followed.
The latest is Challenger, offering $102 for its CGFPA securities, cleaning up the $47.5 million still outstanding. The offer is open to investors on the register at 22 April 2021 and...
The Australian Office of Financial Management (AOFM) has revealed its issuance plans of Australian Government Securities in 2021-22 and updated plans for the remainder of 2020-21 following the release of last night’s 2021-22 Budget by the Australian Government.
The AOFM said in a statement its issuance of Treasury Bonds in...
Last week I listened to an ESG bond investment webinar by one of the world’s largest investors. Aviva plc is a British multinational insurance company and one of the top ten fund managers in Europe and the second largest U.K-based fund manager. The fund management business invests the group's...
Westpac Banking Corp has raised $US2.75 billion (A$3.54 billion) of unsecured debt in the US bond market in a giant post-pandemic deal.
Westpac has sold five and 10-year bonds in a deal that marks the first time an Australian bank has tapped the debt markets in this format since the...
The federal government has issued the National Housing Finance and Investment Corporation's (NHFIC) first sustainability bond and its longest-dated bond.
The NHFIC finalised its 15-year bond at $343 million, with the issuance more than two times oversubscribed. Funds raised from this bond will directly support the delivery more than 1,100...
Due to an uncertain operating environment, Crown Resorts has announced that it will not be redeeming the Crown Subordinated Notes II (CWNHB) at the 23 July 2021 call date.
The unsecured notes issued by Crown have a total outstanding principal of $630 million.
Crown said in its update to the market...
