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Showing 191 - 200 of 206 results for "Reset"

Westpac completes $US525 million tier one securities offer

AAP  |  TUESDAY, 6 APR 2004
Westpac Banking Corporation said today it had closed its offer of $US525 million tier one hybrid capital securities. The bank said the securities were sold outside New Zealand and Australia, primarily to US institutional investors. The securities pay ...

Promina announces $250 million reset preference shares

AAP  |  TUESDAY, 23 MAR 2004
Insurer Promina Group said today that it had today made an offer of up to $250 million in reset preference shares as part of its long term capital management program. CFO Harold Bentley said the RPS offer was part of the group's long term capital management ...

Bank of Queensland to raise $90 million through share issue

AAP  |  TUESDAY, 24 FEB 2004
... it was seeking to raise up to $90 million in new capital in the form of both an ordinary share placement and a Series 1 Reset Preference Share (S1RPS) placement. The capital is being raised to maintain the bank's total capital and Tier 1 targets.

AMP bookbuild delivers stock as low as $4.30 for some

... institutions participated in the book. "We are pleased that this capital raising has been completed, enabling AMP to redeem its Reset Preferred Securities as the final step in the demerger process," Mr Mohl said. "We remain confident that the fundamental ...

AMP to offer $585 million shortfall from rights issue

AAP  |  TUESDAY, 16 DEC 2003
... a cash payment of A8.2 cents per right. The proceeds of the fully underwritten Rights Offer will be used to redeem AMP's Reset Preferred Securities (RPS). The underwriters and joint lead managers for the Rights Offer are UBS Advisory and Capital Markets ...

ARPA receives enforceable undertaking

... transactions necessary to effect the demerger. In addition, APRA has carried out considerable potential redemption of the Reset Preferred Securities and the associated AMP Rights Issue, which form an integral part of the demerger. In point form APRA ...

AMP details $1.2 billion rights issue as part of demerger

AAP  |  FRIDAY, 10 OCT 2003
Troubled financial services group AMP Ltd is to undertake a $1.2 billion rights offer to redeem its reset preferred securities as part of its planned demerger. AMP also said it is injecting a further net $84 million into its United Kingdom operations. ...

David Jones expects profit in 2003/04 after announcing net loss

... David Jones Ltd today said it expects its 2003/04 profit (after tax) to be between $52 million and $56 million - before reset preference shares. The retailer today posted a net loss for the year ended 26 July 2003 of $25.5 million, including significant ...

Great Southern Plantations set to raise $55 million through security issue

Great Southern Plantations said it intends to raise up to $55 million through the issue of Transferable Reset Exchangeable Securities (TREES). The funds will be used to provide additional working capital, predominantly for the acquisition of further ...

AMP reportedly set to begin $1.15 billion capital raising

WITH AAP  |  MONDAY, 8 SEP 2003
... flagged at the company's results briefing last month, in November. The capital raising will be used to pay back the holders of reset preference shares and put AMP in a stronger position in the event of a takeover bid. AMP has reportedly engaged three ...