Suncorp Bank announced on a new hybrid debt security aimed at retail investors. The $250m hybrid will be used by the company to fund its capital requirements. The Suncorp Convertible Preference Shares (CPS3) offering is expected to be priced at a margin of 3.4 per cent to 3.6 per cent over 3m BBSW, to be determined under the book build. Coupons are discretionary, non-cumulative, floating rate and intended to be fully franked....
| 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