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Showing 341 - 350 of 360 results for "Tier 1"

Macquarie Bank to purchase US energy assets for $182 million

Macquarie Bank has entered into an agreement to purchase ExelonThermal Technologies, a subsidiary of Exelon Corporation, for $US135 ($A182) million. Macquarie Bank said it is to provide acquisition debt and equity for 100 per cent of the purchase price ...

ANZ poised to buy Lloyds NZ unit

Australia & New Zealand Banking Group is poised to announce a deal to buy Lloyds TSB Group Plc's New Zealand banking operations for around 2.34 billion pounds ($3.96 billion), a source close to the situation said on Thursday. ANZ is hoping to announce ...

Australian SRI efforts rewarded by UN

BT Financial Group (BT) and the Public Sector and Commonwealth Super Schemes (PSS/CSS) have jointly received a award recognising their activities in the field of sustainability and socially responsible investment. The Royal Award for Responsible Investment ...

St George Bank announces $580 million US subordinated notes issue

St George Bank Limited has announced today that new subordinated notes issue has been priced in New York on Wednesday for US$400 million ($580 million). The bank said the notes will have a 12-year tenor and are expected to mature on 15 October 2015. ...

NAB and St George access offshore credit markets

AAP  |  THURSDAY, 9 OCT 2003
National Australia Bank and St George Bank have both launched and priced debt transactions in the offshore markets overnight. National Australia Bank issued $US300 million in a 5-year Floating Rate Note (FRN) at an all-in price of 8.5 basis points over ...

Macquarie Bank buys into UK water firm for $948m

AAP  |  THURSDAY, 2 OCT 2003
Macquarie Bank Ltd today said it had acquired British water utility South East Water plc (SEW) and its affiliated businesses for about $948 million. SEW is the second largest of the 12 Water Only Companies in Britain and supplies 400 million litres ...

NAB to issue STG400 million Tier-1 capital

National Australia Bank Ltd (NAB) said today that it would soon issue STG400 million ($A972.8 million) in Tier One trust Preferred Securities. The security will carry a coupon of 5.62 per cent - 93 basis points over the benchmark United Kingdom security. ...

Adelaide Bank raises $50 million through share placement

Adelaide Bank has announced today that a successful $50 million capital raising through an institutional placement of approximately six million new ordinary shares, and the capital raised will be used to increase the bank's Tier 1 capital and to fund ...

ACCC to target property investment marketing exercises

WITH AAP  |  TUESDAY, 2 SEP 2003
Australia's consumer watchdog has threatened court action against people who conduct property investment seminars and other real estate marketing exercises. The Australian Competition and Consumer Commission (ACCC) said it had directed extra resources ...

Fitch affirms Bank of Queensland ratings

Fitch Ratings has today affirmed its ratings of Bank of Queensland (BoQ) at long-term BBB and short-term F2, following the announcement that the bank is to acquire UFJ Finance Australia Limited for around $13 million. The outlook is stable. In addition ...