Jan 15 (Reuters) - IOOF Holdings Ltd (IFL) :
- UPDATES ON ANZ P&I BUSINESS TRANSACTION
- ANZ AND IOOF HAVE AGREED CERTAIN CHANGES TO CONTRACTUAL ARRANGEMENTS
- AGREEMENTS TO LIKELY DELAY COMPLETION OF P&I ACQUISITION TO LATER THIS CALENDAR YEAR
- IOOF - CHANGES PROVIDE COUPON RATE OF 14.4% PER ANNUM ON DEBT NOTE SUBSCRIBED BY IOOF FROM ANZ IN OCT 2018 WILL BE PAID UNTIL SFT IS COMPLETED
- CHANGES ENABLE COMPLETION OF A SUCCESSOR FUNDS TRANSFER
Source text : http://bit.ly/2RuK78c
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