Barminco Finance Pty Ltd

Company updates

Barminco and Broadspectrum call bonds

Barminco and Broadspectrum both called bonds this week, coupled with the recent Swiss Re call, there will be plenty of cash looking for a home in the next month or so. Investors can trade prior to maturity to take advantage of current offers.

Friday 21 April 2017 by
Company updates

Barminco’s half year earnings increase by 10.6%

Barminco has released its 1H16 results highlighted by a 10.6% increase in earnings before interest, tax, depreciation and amortization (EBITDA) on the prior corresponding period. The company has also reduced the bonds outstanding through a further buy back but financial leverage continues to remain very high