Heartland Group Holdings Limited (NZX: HGH) Heartland Australia Group Issues Australian MTNs

Heartland Group Holdings Limited is pleased to announce that its subsidiary Heartland Australia Group Pty Limited (Heartland Australia) (BBB- stable Fitch Ratings) has completed a senior unsecured bond placement of A$75 million with a key Australian institutional fixed income investor, arranged with the assistance of Westpac Institutional Bank.

This is the third issuance under Heartland Australia’s Medium-Term Note programme and takes aggregate outstanding issuance to A$220 million.

The issuance further diversifies Heartland Group’s funding base and will be initially utilised to create further capacity to fund A$ reverse mortgage loans and associated marketing efforts, assist with new product development and the continued exploration of market opportunities.

See the link below for more details:

NZX & ASX Release - Heartland Australia Group issues Australian MTNs

Source: Heartland Group Holdings Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Fonterra appoints permanent COO
Manawa Energy FY24 Annual Results & Webcast Details
Seeka Provides the Results of Meeting - ASM
April 19th Morning Report
PGW Guidance Update
CNU - Commerce Commission releases draft expenditure decision
Spark announces departure of Product Director
TGG - T&G appoints new Director
April 18th Morning Report
SKC - APPOINTMENT OF CHIEF EXECUTIVE OFFICER