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Showing 1 - 4 of 4 results for "Perls VI"

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
... ANZPA that are structured more like bonds. This new generation of hybrids include NABPA, NABPB, WBCPD, WBCPE, CBAPC (Perls VI) and CBAPD (Perls VII). Australian investors have invested a total of $20 billion the equity hybrids, including the recent $2.6bn ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
... Commonwealth Bank is also tapping into the growing investor demand for high yield with the recent launch of a $1.5 billion PERLS VI hybrid, which qualifies as a Tier 1 Capital offer. Since issuing the eagerly anticipated hybrids, the bank has received ...

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
... premium for a safer banking system," he added. The Commonwealth Bank was the first Australian bank with its $1.5 billion PERLS VI Tier 1hybrid offer to be compliant with the new capital reforms, which will be rolled out in Australia from 1 January 2013. ...

CBA set to launch a $750 million hybrid offer

LINDA HAUSKEN  |  TUESDAY, 4 SEP 2012
... a new hybrid offer on the 12 of September, which is expected to raise $750 million. The CBA's hybrid offer, known as PERLS VI, will qualify as a Tier 1 Capital and will have an initial face value of $100. PERLS VI are a hybrid instrument and is a mixture ...
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