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Showing 1 - 10 of 20 results for "Subordinated Notes 2"

Canadian pension fund backs NEXTDC

RIDDHIMA TALWANI  |  TUESDAY, 7 APR 2026
NEXTDC has launched a $1 billion wholesale offer of subordinated hybrid securities, supported by a binding commitment from La Caisse, the Quebec-based pension provider. The hybrid notes will have a non-call period of five years and a maturity of 100 ...

ClearView adds to leadership team

JAMIE WILLIAMSON  |  TUESDAY, 27 OCT 2020
The diversified financial services business has made a raft of changes to its leadership team, including a fresh life insurance lead and new general manager of wealth management. ClearView has today announced a series of key management changes as part ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
ClearView Wealth has announced the launch of a new subordinated notes issue to wholesale investors seeking to raise between $40-75 million. Clearview Wealth said the proceeds of the raise will be used for general corporate and capital management purposes. ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

ACBC partners with Praemium

EMMA RAPAPORT  |  THURSDAY, 2 MAR 2017
Exchange traded bond provider Australian Corporate Bond Company partnered with Praemium to launch a fixed income separately managed account solution. The 'Yield Plus' portfolio, which invests in individual investment-grade corporate bonds through exchange ...

AMP seeks to raise $200 million with debt issue

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
AMP is seeking to raise $200 million through the launch of new subordinated and unsecured debt securities on the Australian Securities Exchange (ASX). Known as AMP Subordinated Notes 2, the new instruments were intended primarily to finance existing ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
Despite ASIC's decision to sound warning bells over the risks and complexities of hybrid securities, there is a growing appetite in the market for the high rate of return this product can offer investors. The corporate watchdog's warnings follows more ...

Suncorp and Bendigo jump on hybrid demand

LINDA HAUSKEN  |  THURSDAY, 27 SEP 2012
Listed insurance company Suncorp is one of the latest to tap into investor demand for high yields with the launch of a $350 million Tier 1 hybrid offer this week. The insurance giant said that the money raised from the hybrids which are called Convertible ...

ASIC warns of hybrid securities risks

LINDA HAUSKEN  |  TUESDAY, 28 AUG 2012
ASIC has flagged warnings about the risks and complexities of hybrid securities, urging consumers to tread carefully and not be blindsided by promises of high yields. Hybrid securities are one way for companies to borrow money from investors, while ...

Challenger teams up with Colony

MICHAEL HOBBS  |  MONDAY, 27 AUG 2007
Challenger Financial Services has signed a partnership agreement with US-based real estate funds specialist Colony Capital in a deal that involves $64 million in Challenger share options. As part of the partnership, Colony bought an option of over 57.1 ...
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