New bonds to pay around 7.50%

02 May 2016

 

Peet, the 120 year old ASX-listed land developer, has just announced the launch of Peet Bonds, a new series of unsecured debt securities. They will be the second series of bonds to be issued under the Commonwealth Government’s 2014 simple corporate bond legislation, the first being Australian Unity’s 2020 bonds which were issued in November/December last year. Peet plans to raise $75 million from the bond issue, $50 million of...

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