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Showing 271 - 280 of 299 results for "Tranche"

ING launches $500mln transferable deposit

AAP  |  MONDAY, 24 MAY 2004
... Transferable Deposit (TDs) issue. The issue amount is $500 million minimum, comprising a $150 million minimum fixed rate tranche and a $350 million minimum floating rate tranche. Joint lead managers are Commonwealth Bank of Australia and National Australia ...

S&P assigns preliminary ratings to Compass RMBS issues

AAP  |  TUESDAY, 23 MAR 2004
Standard & Poor's Ratings Services has assigned its preliminary ratings to two issues of Australian residential mortgage backed securities (RMBS) by Compass Master Trust. S&P said each transaction would consist of two classes of floating-rate notes ...

First Mortgage launches mortgage securitisation program

AAP  |  TUESDAY, 16 MAR 2004
... AAA by both Standard & Poor's (S&P) and Fitch ratings agencies and with a weighted average life of 1.2 years. The second tranche will offer $184 million of class A2-1 bonds, rated AAA by both ratings agencies, and with a weighted average life of 2.57 ...

Commonwealth Bank launches eight RMBS issue

AAP  |  THURSDAY, 11 MAR 2004
... in Class B notes. The three A class tranches all take AAA preliminary ratings from Standard & Poor's, while the B class tranche takes a AA rating. The Commonwealth Bank said the total pool of the four tranches came to $A3.5 billion, and that the issue ...

St George announces Crusade Trust No. 1 program

... Boston, with Barclays Capital, JP Morgan and National Australia Bank, Hong Kong Branch as Co-Managers. The AUD Senior tranche will have Credit Suisse First Boston and St.George Bank as Joint Lead Managers. AAP

CBA launches 10-year subordinated note issue

AAP  |  TUESDAY, 27 JAN 2004
The Commonwealth Bank of Australia (CBA) today launched a $500 million subordinated medium term note issue. The notes, which will have a maturity of February 10, 2014, will be callable by the issuer on February 10, 2009 or quarterly thereafter, the ...

Cicutto reappointed as NAB chief

AAP  |  FRIDAY, 24 OCT 2003
National Australia Bank Ltd has reappointed chief executive Frank Cicutto for another three years, continuing recent moves by the nation's other big banks to hold onto current leadership. Mr Cicutto will stay on until October 2006 with his annual base ...

Macquarie Securitisation passes $20 billion insurance milestone

... due to strong demand, particularly from European and Asian investors. The $140 million AAA/Aaa rated (S&P / Moody's) A-1 tranche, which has an expected average life of 1.4 years, was priced at 29 basis points over one month BBSW, at the low end of the ...

Macquarie Securitisation launches $650 million domestic bond issue

... said the bonds would be issued in three tranches; two floating rate senior tranches and one floating rate subordinated tranche. Mr O'Hare said the funds raised from the issue would be used to fund the continuing success of Macquarie's PUMA and the imminent ...

Government scores superannuation hat trick: Coonan

The Government has secured another win for superannuation reform after negotiating another agreement with the Australian Democrats to support new portability regulations to facilitate the consolidation of superannuation from inactive accounts. "The ...