Moody’s has placed Asciano on negative credit watch following the agreement between the board of Asciano and its suitors, the Brookfield Consortium, in regards to Brookfield proposed takeover. The change in outlook relates to Moody’s concerns the new owners will apply a risker approach to balance sheet financing or the consortium looks to refinance the acquisition funding by raising debt at Asciano. Asciano currently has a Baa2 rating but the rating will be cut a notch if the ratings agency thinks the debt to EBITDA ratio is maintained above 4 and/or the EBIT to interest ratio falls below 1.5.
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| Domestic Income Funds | Yield | Assets |
|---|---|---|
| Remara Credit Opportunities Fund | 15.13% | Private Credit |
| Remara Cash Management Fund | 5.85% | Cash |
| Remara Credit Income Fund | 12.92% | Private Credit |
| Aura Core Income Fund | 7.88% | Private Credit |
| Aura Private Credit income Fund | 8.85% | Private Credit |
| SocietyOne Personal Loans Trust | 6.87% | Private Creadit |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24
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Exclusive Insights
- Judgement Day – Trump Tariff Update.
- Performance review of the Alternative Investment Universe.
- Re-assessing the US Macroeconomic Status in 2025
- Assessing US Economic Recession Risks
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- December Westpac-MI leading index “a clear improvement”
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