Axsesstoday (a private company which provides commercial equipment finance to small businesses via a distribution channel of retailers see http://www.axsesstoday.com.au/) launched a new 6-year, subordinated, secured bond issue looking to raise $20 million through FIIG Securities. The transaction will be in floating rate format with a margin of 3mth BBSW + 6.50%.
See attached a copy of the draft information memorandum.
