Australian Unity goes early with new ASX bonds

16 September 2019

 

Australian Unity has announced its intention to issue $300 million worth of simple corporate bonds in two tranches. The series C (ASX codes: AYUHC) bonds have a 2024 maturity date while the series D bonds (ASX codes: AYUHD) mature in 2026. Australian Unity’s core businesses are wealth management and insurance. The proceeds will be used to fund the redemption of its existing December 2020 corporate bonds (ASX code: AYUHB). The...

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