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Tuesday 10 March 2015 by Trade opportunities

New US Dollar DirectBond: Newcastle Coal Infrastructure Group (NCIG) Holdings Pty Limited

THIS CONTENT IS SUITABLE FOR WHOLESALE INVESTORS ONLY

FIIG has added a new USD denominated, high yield bond to the DirectBonds list. Issued by NCIG Holdings Pty Limited, the bond pays a fixed rate of 12.5% p.a. and is callable on 31 March 2027, with final legal maturity on 31 August 2031

NCIG Holdings Pty Limited (NCIGH) is the holding company of Newcastle Coal Infrastructure Group Pty Limited ('NCIG'), which holds the long term lease on the NCIG coal export terminal at the Port of Newcastle. NCIG is owned by subsidiaries of five major coal producers: BHP Billiton, Peabody Energy, Yancoal, Whitehaven Coal and Banpu (Centennial Coal), which between them export over 80% of the terminal’s coal capacity.

Wholesale client of FIIG? View the Newcastle Coal Infrastructure Group (NCIG) DirectBond information from the FIIG website
_Note_{You will be required to log into your FIIG account to access this wholesale content.}

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