On 29 November 2019, AMP Limted (ASX: 'AMP') announced that the margin on its Capital Notes 2 (ASX: 'AMPPB') had been set at 4.50%, at the lower bound of the 4.50 - 4.70% range.
It also confirmed the size of the Offer would increase from $200 million to at least $250 million, with $250 million allocated on a firm basis through the Bookbuild process and that the final size is dependent on applications received and accepted under the Securityholder Offer, which is expected to open on 3 December 2019.
A replacement prospectus is expected to be lodged with ASIC and the ASX on 4 December 2019.
