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Showing 261 - 270 of 305 results for "Tranche"

$1.1 billion MBS issue by Members Equity Bank

AAP  |  MONDAY, 18 APR 2005
... of 2.42 years and are rated AAA by Standard & Poor's and Aaa by Moody's. The $21 million of the floating rate class B tranche have an AA rating by S&P and Aa2 by Moody's with a WAL of 5.98 years. The class A tranche and class B tranche were issued at ...

IWL bumps up Rivkin stake

IWL has increased its stake in Rivkin Financial Services (RFS) confirming it's place as the second largest stakeholder in the group. In a series of on market purchases, Pinnacle Asset Management, fully owned by IWL, purchased nearly 11 million shares ...

Telstra NZ bond issue oversubscribed

AAP  |  WEDNESDAY, 17 NOV 2004
Telstra today said it had successfully completed a $NZ200 million ($A181.47 million) Kauri bond issue, made up of seven and 10-year tranches worth $NZ100 million each. The bonds were priced at 0.35 per cent and 0.45 per cent over the respective seven ...

Qantas announces $1.9 billion bank facility

AAP  |  WEDNESDAY, 6 OCT 2004
Qantas Airways Ltd today announced a $1.9 billion bank facility, slightly lower than its intention to refinance $2.1 billion. Qantas chief financial officer Mr Peter Gregg said the refinancing had been launched in August and was heavily oversubscribed ...

Challenger mortgage business launches record bond issue in Aust

AAP  |  FRIDAY, 1 OCT 2004
Challenger Financial Services Group today said its wholly-owned wholesale mortgage finance business Interstar Securities had successfully launched the largest issue of net interest margin bonds ever offered publicly in the Australian market. The $180 ...

West LB launches minimum $300 million MTN

AAP  |  THURSDAY, 23 SEP 2004
... basis points over the five-year swap rate. The notes will be referenced against mid-rate semi quarterly for the fixed rate tranche and the three month bank bill swap rate mid benchmark for the floating rate tranche. The issue will be rated AA by Standard ...

Macquarie Securitisation launches $750 mln bond issue

AAP  |  TUESDAY, 21 SEP 2004
... second series of bonds issued from PUMA Masterfund P-10. The bonds will be issued in two tranches; a floating rate senior tranche and a floating rate subordinated tranche. The Class A senior notes will have a face value of $735 million and a weighted ...

St George says proposing $2 bln securitisation issue

AAP  |  TUESDAY, 31 AUG 2004
St George Bank said it is proposing a global multi-currency mortgage backed securities issue under its Crusade securitisation program. Securities with an approximate equivalent value of $A2 billion in total will be issued, with separate senior tranches ...

Colonial Finance to sell 5-year bonds off $3bln issue program

AAP  |  TUESDAY, 31 AUG 2004
... tranches is 39 to 41 basis points over swaps or three month bank bill swap rate (BBSW). The indicative coupon for the fixed tranche is 6.25%. The deal was launched on Monday, will be priced today at 1500 AEST and will settle on 2 September. The lead ...

ANZ launches $1 billion October 2007 bond issue

AAP  |  WEDNESDAY, 11 AUG 2004
ANZ Banking Group on Tuesday priced $1 billion of three-year transferable certificates of deposit (TCD) maturing 15 October 2007 in two tranches. ANZ said the transaction was increased from the original target of $500 million due to overwhelming demand ...