A new series of notes will be issued by Centuria Capital No 2 Fund and listed on the ASX in a bid to raise $100 million.
A statement by Centuria, an ASX-listed specialist investment manager with around $10.2 billion in funds under management in property funds and investment bonds, said...
Liz Harrison, Fixed Interest Analyst - ESG in the Janus Henderson Australian Fixed Interest team, provides her Australian economic analysis and market outlook.
Market review
Bond markets remained volatile in March. The recovery story picked up pace in the US market, backed by strong economic data, a rapid vaccine rollout, an...
Over the last couple of weeks, global bond markets experienced levels of volatility not seen since March last year when the pandemic hit.
The moves in yields were severe, rocking bond investors as prices fell precipitously, and bond funds globally recorded negative returns for the month of February.
While Australia tends...
Moody’s Investors Service and Fitch Ratings have downgraded Oracle's Long-Term Issuer Default Rating (IDR) after the high profile multinational computer technology corporation sold US$15 billion of bonds on Monday.
Fitch Ratings downgraded Oracle's IDR to 'BBB+' from 'A-' while Moody’s downgraded it two levels to Baa2.
Fitch also assigned a 'BBB+'...
Alternative exchange Chi-X Asia Pacific has been acquired by U.S.-based Cboe Global Markets from its current owner J.C. Flowers & Co. LLC for an undisclosed amount.
Chi-X Asia Pacific, headquartered in Hong Kong, has its core operations in Australia and Japan, with Chi-X Australia being the second largest securities exchange...
Metrics Credit Partners has reached an agreement to purchase the Australian corporate and acquisition finance loan portfolio of Investec Australia.
Investec Australia CEO and country head, Milton Samios, said: “We are pleased with this development as it will ensure local corporates continue to be served by a highly regarded local...
The corporate regulator has warned firms need to do the right thing by their investors after companies in the Mayfair 101 Group were found to have made statements that were false, misleading or deceptive in advertisements for its debenture products.
A statement by the Australian Securities and Investments Commission (ASIC)...
Pallas Capital is conducting a final raise for the Pallas FM Trust up to 31st March 2021 at its current 7.5% yield after which remaining tranches will be priced at 7% yield to maturity or less.
Pallas Capital executive director Mark Spring said, “Given the high demand for property first...
Australian iron ore giant Fortescue Metals Group Ltd (FMG) has completed a US$1.5 billion bond offering.
Fortescue initially sought to raise $US750 million but high demand drove the corporate bond offering to double in size.
The senior unsecured notes have an interest rate of 4.375 per cent, maturing in April 2031.
Fortescue...
Earlier this week, US-based cellphone carrier Verizon Communications issued a AU$1.25bn bond as part of a $25bn capital raising to help pay for 3,511 US 5G network licenses it won in a US government auction last month.
The total cost of the purchases was US$45.5bn plus approximately US$8bn in costs...
