Suncorp Group (SUN) today announced the successful completion of the Bookbuild for the Suncorp Capital Notes 2 (Prospective ASX Code: SUNPG). The final margin was set at 3.65% p.a. over 90 Day BBSW or the bottom of the indicative range (3.65 - 3.85%).
Following the completion of the bookbuild, SUN confirmed the offer size of $300 million under the Broker Firm Offer and Institutional Offer. The final size of the offer with depend on applications received under the Reinvestment Offer with the group reserving the right to scale back applications.
