Axsesstoday (ASX: AXL) today successfully closed the bookbuild for its inaugural Simple Corporate Bond offer (ASX: AXLHA).
The final issue size was increased from the indicative offer of $50 million to $55 million.
The interest margin was set at the lower end of the guided range at 4.90% p.a. over 90-day BBSW.
The bonds are expected to be issued on the 20th of July 2018 and have a term of 5 years.