Suncorp Group has just announced the launch of a new income offer: Suncorp Group Capital Notes 2. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in November. Note: There is no Customer or General Offer
The Notes will pay a quarterly coupon of 3.65%-3.85% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 1.70% as of 23rd October, with an initial indicative rate of 5.35%-5.55%pa. (The first pricing is