Cut your reading time and listen to a podcast instead. This week's BondCast looks at Australian dollar high yield bonds - StockCo, Mackay Sugar and Next Generation
In case you missed it, here is a list of recently updated and new Factsheets
StockCo is seeking consent, by way of a special resolution, from holders of its 8.75% notes due 6 October 2022 to amend certain terms of the Notes as set out in the Notice of Meeting of Noteholders and Explanatory Memorandum dated 4 June 2018.
This week, AAPT redeems November 2018 notes, Moody’s upgrades Liberty RMBS, new DirectBond from Network Finance, StockCo Holdings FY17 earnings update and zipMoney monthly pool update
We have provided an update on StockCo Holdings with FY17 results as at 30 June 2017, outlook and forecasts
Agricultural financier StockCo achieved above budget loan book growth
StockCo Group is a niche provider of a specialty agricultural finance. It provides short term “finishing” finance facilities for pasture and feedlot based cattle and sheep producers.
Week in review
The UK has announced the committee to oversee negotiations on its exit from the EU, Clinton and Trump face off in the last TV debate this Wednesday night US time and we saw strong buying in Suncorp subsidiary AAI’s 2022 bond
Week in review
Clinton wins the first presidential debate, British PM Theresa May confirms dates for Brexit and new issuance in both AUD and USD
Company updates galore as Emeco signed a binding restructuring support agreement, NABCAP Tier 1 set to mature, StockCo launched a medium term note issue, AAI launched a Tier 2 issue and two new NAB DirectBonds are now available to wholesale investors