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Announcement

Suncorp to Exchange SUNPE via a Resale

On Monday 11 May 2020, Suncorp issued an Exchange Notice to CPS3 Holders for the Resale of the remaining ~$193 million issued by Suncorp on 8 May 2014.

On 17 June 2020, all CPS3 on issue will be mandatorily purchased by a nominated purchaser for $100 per CPS3.

Suncorp has exercised its option to exchange the residual CPS3, providing it with the ability to convert up to $194 million in equity and increase its excess capital position.

 

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