Search results of Tag: IPO

Wealth Focus

CBA Perls VII Capital Notes (CBAPD) – Analysis

CBA has just announced the launch of a new income offer: CommBank Perls 7 Capital Notes. The first round of access is through a broker firm allocation, prior to shareholder offer and listing in October. Note: There is no Customer or General Offer

The Notes will pay a quarterly coupon of 2.8%-3.0% (rate determined by the bookbuild) over the 90 day bank bill swap rate (BBSW), which was 2.64% as of 15th August, with an initial indicative rate of 5.46%-5.66%pa. (The first pricing is due to be set

Hybrid, Fixed Income, IPO, Capital Notes, CBA, CBA CommBank, Hybrid IPO
Wealth Focus

PM Capital Asian Opportunities Fund Ltd – Analysis

PM Capital has announced the launch of a new Listed Investment Company: PM Capital Asian Opportunities Fund (PAF).The first round of access is through a broker firm allocation, prior to the shareholder & general offer and listing in May.

The Shares aim to provide investors with a return in excess of the MSCI Asian (ex Japan) Equity Index. The Shares will be tradable on the ASX.

PM Capital
PM Capital currently manages a successful unlisted managed fund, PM Capital Emerging Asia Fund

IPO, review, analysis, offer, PM, Asian, lic
Wealth Focus

ANZ Capital Notes 2 (ANZPE) – Analysis

ANZ Bank has just announced the launch of a new income offer: ANZ Capital Notes 2.The first round of access is through a broker firm allocation, prior to shareholder offer and listing in August.

The Notes will pay a semi annual coupon of 3.4%-3.6% (rate determined by the bookbuild) over the 180 day bank bill swap rate (BBSW), which was 2.82% as of 2nd July, with an initial indicative rate of 6.22%-6.42%pa. (The first pricing is due to be set on date of issue) The Notes are expected to redeem

Hybrid, IPO, Capital Notes, Allocation, ANZ, Broker Firm Allocation, Hybrid IPO