AFIC has just announced the launch of a new income offer: AFIC Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in December.
The Notes will pay a half yearly coupon at 6.25%pa and are due to mature 28th February 2017. The bond will be tradable on the ASX.
This issue will be used primarily to purchase securities of companies should appropriate investment opportunities arise.
A master stroke by AFIC
For those not
