Friday 28th November 2003
|Text too small?|
Brokers and institutional investors have so far taken up $45 million for each of the two GCN tranches issued by Global Corporate Credit, while indications of interest have been received for another $10 million.
The first tranche, rated AAA by Standard & Poor's, would pay an interest rate of 7.20%. The second tranche, with a single A rating, would pay an 8.25% interest rate, Global Corporate Credit said.
Public pool applications, including oversubscriptions of up to $100 million, would be made on a first-come, first-served basis, the directors said.
The proceeds of the issue would be invested in medium-term notes to be issued by Structured Investments Corporation, a special purpose vehicle established by Citigroup.
No comments yet
Investore Property Limited (Investore) today announced its financial results for the twelve months ended 31 March 2020 (FY20).
Rabobank GDT Analysis - Event 261
SkyCity Entertainment Group Limited - Update on COVID-19 Impacts and Recent Trading
ANZ announces sale of UDC Finance
Foley Wines Limited Announces Harvest Result, Earnings Outlook and Development in Martinborough
JUST MY VIEW - BRENT KING
BLIS delivers substained profitable growth
Infratil - Full year results announcement for the year ended 31 March 2020
COMVITA LIMITED Announces NZ$50 Million Equity Raising to improve balance sheet flexibility and build resilience
GMT’s delivers statutory profit of $284.4 million before tax