SUN 0.20% $19.59 suncorp group limited

March 27 (Reuters) - Suncorp Group Ltd (SUN) : To issue a new...

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    March 27 (Reuters) - Suncorp Group Ltd (SUN) :

    • To issue a new perpetual, subordinated, convertible, unsecured security, suncorp capital notes (capital notes), to raise $250 million
    • Capital notes are expected to be quoted and tradable on Australian Securities Exchange
    • Issuing capital notes to raise eligible additional tier 1 capital, proceeds of which it expects to use to fund capital needs
    • Margin will be determined following the Bookbuild and is expected to be in the range of 4.10 pct-4.30 pct
 
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$19.59
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No. Vol. Price($)
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