Whitefield has announced the launch of a new income offer: Whitefield Convertible Resettable Preference Shares (Whitefield CRPS).The first round of access is through a broker firm allocation, prior to shareholder and general offer and listing in August.
The CRPS will pay a half yearly coupon at 7.00%pa plus franking (expected 10%pa gross). The CRPS will be tradable on the ASX.
This issue will be used primarily to expand the underlying portfolio.
Equity returns for fixed