Glencore Australia Holdings announced a debut AUD bond for $500m. Initial pricing guidance is 140bps over the 5y Swap, or about 4.85 per cent. The notes are expected to be rated Baa2 by Moody’s and BBB by S&P. Lead managers are ANZ, NAB, and UBS Investment Bank Switzerland. Glencore has also launched a 7y €600m bond in Europe.
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| 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 |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24