Caltex Australia (ASX: CTX) today announced its intention to redeem the Caltex Subordinated Notes (ASX: CTXHA) at the first optional call date on the 15th of September 2017. Noteholders as at 7th of September 2017 (the Record Date) will be entitled to par value plus the final interest payment of $1.5678 per note on the first optional call date ...

ANZ today announced the possible on-market buyback for the Series III Convertible Preference Shares (ASX: ANZPC). As a result, ANZ would not formally exercise its right to redeem ANZPC on the first optional call date on the 1st of September 2017. This would be conducted in conjunction with the offer of a new hybrid capital instrument leaving in...

Goodman Group (ASX: GMG) today announced its intention to repurchase all of the Goodman Preferred Step-Up Units (ASX Code: GMPPA) on the 2nd of October 2017. The $327 million redemption will be funded by existing cash deposits (in excess of $2 billion). Holders of GMPPA on the 25th of September 2017 (Record Date) will receive par value togethe...

G8 Education (ASX: GEM) today announced its intention to redeem all of its existing 7.65% p.a wholesale fixed rate bonds (ISIN: AU3CB0212140) at the next optional call date (7 August 2017) at 102% of par value with interest payable for that period. The early redemption ($70 million) will be funded with the proceeds from the group's recent ~$196...

Peet Limited (ASX: PPC) today announced the completion of its Series II Bonds offer (ASX: PPCHB) raising $50 million. The bonds were issued today (5 July 2017) and are expected to begin trading on a normal settlement basis on the 10th of July 2017. The bookbuild was completed on the 21st of June 2017 and the interest margin was set at 4.65% p....

Westpac (ASX: WBC) today announced the redemption of the Westpac Subordinated Notes (ASX: WBCHA). All notes will be redeemed representing a total of $1.68 billion. The notes will be redeemed on the 23rd of August 2017 (first optional call date) at par value plus the final interest payment $1.1305 per note. The record date is the 15th of August...

Heritage Bank today announced the suspension of the Heritage Retail Bonds (ASX: HBSHB) from official quotation. The bonds are expected to be redeemed on the 20th of June 2017 at par value together with the final interest payment of $1.8274 per security.

The ASX today announced the introduction of 3 new fixed income exchange traded funds (ETFs). - iShares Core Cash ETF (ASX: BILL) which aims to track the S&P/ASX200 Bank Bill Index. - iShares Enhanced Cash ETF (ASX: ISEC) which aims to provide excess returns over the S&P/ASX200 Bank Bill Index. - BetaShares Australian Bank Senior Float...

Due to strong demand from investors, NEXTDC (ASX: NXT) today closed the offer its 3rd series on unsecured senior notes raising $300 million (up from the indicative offer size of $200 million). The notes were priced at bookbuild at a coupon rate of 6.25% p.a. and are scheduled to settle on the 9th of June 2017. The group noted it is currently p...

Suncorp today announced the completion of its Capital Notes offer (ASX: SUNPF) raising $375 million (up from the indicative offer size of $300 million). The group allocated $300 under the Broker Firm and Institutional Offer and allocated $75 million under the Securityholder Offer. The notes were issued today on the 5th of May 2017 and are expec...

NEXTDC (ASX: NXT) today announced a potential new $200 million senior unsecured fixed rate bond offering. These securities will be sold to wholesale investors only (no prospectus being issued) and will not be listed on the Australian Securities Exchange. The securities would be known as NEXTDC Notes III and the proceeds would be used to redee...

ANZ today announced the redemption of the ~$1.5 billion ANZ Subordinated Notes (ASX: ANZHA) which will take place on the 20th of June 2017. Holders will receive face value together with the final interest payment of $1.1456 per note. The last day of trading of ANZHA will be the 7th of June 2017 and the record date will be the 9th of June 2017.

On the 27th of March 2017, equipment financier Axsesstoday (ASX: AXL) revealed it was in the final stages of completing a new secured corporate note issuance. These securities will be sold to wholesale investors only (no prospectus being issued) and are not listed on the Australian Securities Exchange. This was followed with an announcement tod...

National Australia Bank (ASX: NAB) today announced the redemption of the NAB Subordinated Notes (ASX: NABHB). Following the reinvestment offer into the NAB Subordinated Notes 2 (ASX: NABPE) in March 2017, ~$633.7 million of the notes remain outstanding. The notes will be redeemed on the 19th of June 2017 (first optional call date) at par valu...

Challenger limited (ASX: CGF) today closed the offer of Challenger Capital Notes 2 (ASX: CGFPB) raising $460 million (up from the indicative offer size of $350 million). Of this, the group allocated allocated $430 million on a firm basis under the Broker Firm and Institutional Offers and $30 million under the Securityholder Offer. For the pur...

As a result of strong investor demand, the Centuria Capital Group (ASX: CNI) has taken $50 million in oversubscriptions for its corporate notes, bringing the total offer size to $100 million The group intends to issue $40 million through its floating rate tranche with a margin of 4.50% p.a over the 90-day BBSW (ISIN: AU3FN0035457) and the rem...

On the 22nd of February 2017, Insurance Australia Group Limited (ASX: IAG) announced its intention to redeem the IAG Convertible Preference Shares (ASX: IAGPC) at the next call date (1st of May 2017). As a result, the notes ceased trading on the ASX on the 8th of April 2017 with the last trading day being the 7th of April 2017. Holders who a...

IMF Bentham (ASX: IMF) today closed the offer for second tranche of secured unlisted corporate notes (Tranche 2 Notes) raising $41.18 million . The second tranche will be used to raise additional capital for its senior secured notes (ISIN: AU3CB0236735). These notes have an interest rate of 7.40% and investors will receive a coupon step up ...

Commonwealth Bank of Australia (ASX: CBA) today closed the offer of PERLS IX (ASX: CBAPF) raising $1.64 billion (up from the indicative offer size of $1.45 billion). For the purposes of the exchange calculation the maximum conversion number is set at 2.3786 (Issue Date VWAP of $84.0828) in respect to mandatory exchange (5.9465 in respect of an...

Centuria Capital No.2 Fund (under terms and conditions set out in the information memorandum) today announced a new issue, Centuria Notes with a fixed and floating tranche. The offer will raise a minimum of $50 million with the ability to take oversubscriptions. The proceeds will be used for general corporate purposes including refinancing of ...