New hybrid from Bendigo tipped

10 October 2017

 

Reports regarding a new hybrid from Bendigo and Adelaide Bank have emerged this week. The talk is Bendigo will aim to raise $400 million via a new series of hybrids to add to its three existing series. One of these, the Bendigo CPS (ASX code: BENPD) has a call date in December and redeeming a hybrid security on this date has become standard practice. Redeeming callable securities on first call...

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