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Showing 281 - 290 of 312 results for "Tranche"

Macquarie Securitisation upsizes bond issue to $1 billion

AAP  |  WEDNESDAY, 30 JUN 2004
... program. The PUMA Masterfund P-10 Series A bond issue will comprise two floating rate tranches (FRN) - one Class A senior tranche and one Class B subordinated tranche. The transaction is Macquarie's first Australian-dollar denominated issue, and second ...

Macquarie Airports investors finally in the black

AAP  |  FRIDAY, 11 JUN 2004
... The Macquarie Bank-managed MAp has long said the effective issue price was below $2, since it issued a second discounted tranche of securities soon after the first.

NAB prices $670 mil 10-year subordinated debt issue

AAP  |  WEDNESDAY, 26 MAY 2004
... subordinated debt issue maturing on June 2, 2014. The 10-year non-call five-year issue comprises two tranches. A $450 million tranche of 6.50 per cent coupon fixed rate notes were priced at 42 basis points over the five-year semi-annual swap rate and ...

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 ...