Evolve Education (ASX: EVO) has successfully priced an issue of A$35 million 7.5% senior secured Australian medium-term notes in a wholesale offering.
The notes are expected to be issued on 4th December 2020 and will mature in December 2025.
Evolve operates 127 childcare centres across New Zealand and Australia. It has...
European asset manager, Amundi Asset Management, has published an investments insight, with a focus on how social bonds can fit in with investors’ strategies and help to address specific social issues.
With its triple impact on education, income and health, the Covid-19 crisis has exacerbated existing inequalities, both among and...
Peer-to-peer digital lender and investments firm Plenti (ASX:PLT), formerly known as RateSetter, has hit a milestone in originating more than $1 billion in total loans.
The fintech consumer lender announced to the market that it had exceeded prospectus forecasts with loan originations up 33% and its loan book up 42%...
Today, National Australia Bank launched a new Tier 1 hybrid, NAB Capital Notes 5 (NABPH) hoping to raise $750m or more to fund the NAB Convertible Preference Shares II (NABPB) ahead of its 17 December 2021 call date.
The hybrid is due for a first call in December 2027 with...
New Kid On The Block – Fortlake Delivers Four Strategies For High Income, Inflation Protection and Absolute Return
Elizabeth Moran
Today marks the official launch of a new Australian based fund manager - Fortlake Asset Management.
Fortlake brings together some of the best investment minds in Australia – brain child of ex UBS executive Christian Baylis and supported by “Australia’s Warren Buffet”, investor Alex Waislitz, as a major shareholder, together...
Ares Australia Management, the strategic joint venture between Ares Management Corporation, a leading global alternative investment manager, and Fidante Partners Limited, is launching its second Australian product, the Ares Diversified Credit Fund.
The unlisted open-ended Fund presents a novel investment strategy to the Australian managed fund space and provides investors with...
Citi Australia has moved to expand its access to fixed income products and services that will deliver a higher yield for clients while offering some protection from market shocks.
Citi will begin offering high yield bonds, hybrids and capital notes to its wholesale client base. It will also provide access...
This week Australian Bond Exchange (ABE) launched a new high yield bond issue on behalf of Pallas Capital.
ABE is lead manager of the transaction and will make the bond available through the digital IRESS platform, meaning there will be real time prices and data on the security, a first.
Hoping...
KPMG analysis finds that the Australian major banks (‘the Majors’) have reported a significant decline in financial performance for the full financial year 2020.
KPMG’s Major Australian Banks Full Year Analysis Report 2020 finds that the Majors reported a combined cash profit after tax from continuing operations of $17.4 billion,...
Today, Westpac launched a new Tier 1 hybrid, raising funds to repay the WBCPF due for first optional call in March 2021.
Westpac is the first major bank to launch a new issue this year and with an expected margin over 3 month BBSW of 340 - 360 basis points...