Suncorp Capital Notes 3 - Completion of Bookbuild and Margin Set

On 15 November 2019, Suncorp Group Limited (“SUN”) announced the completion of the Bookbuild process for its offer of Capital Notes 3 ("SUNPH"), previously launched on 11 November 2019.

Suncorp allocated $300 million of Capital Notes 3 under the Broker Firm Offer and Institutional Offer on a firm basis.

The Margin was set at 3.00%, at the bottom of the 3.00 - 3.20% launch guidance range.

The final size of the Offer will depend on the volume of Applications received and accepted under the Reinvestment Offer and the Securityholder Offer with Suncorp reserving the right to scale back Applications or increase the final size of the Offer if there is excess demand.