Virgin high-yield offer a boost for listed corporate bonds

28 October 2019

 

Virgin Australia regularly issues bonds which are traded in the “over-the-counter” market. The last issue occurred in February of this year when Virgin issued fixed-rate bonds with an 8.075% coupon. Before that, in May 2018, it raised $150 million with the issue of bonds with an 8.25% coupon. However, none of its bond series have been listed on the ASX so far in its relatively short existence. Just a few...

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