Mackay Sugar AUD 7.25% 5 April 2018 senior unsecured bond
Mackay Sugar Limited (MSL) is the second largest producer of raw sugar in the Australian market, accounting for approximately 20% of Australia’s raw sugar production. In addition to producing raw sugar, MSL also receives revenue from refined sugar sales (through its shareholding in Sugar Australia), sales of biproducts like molasses, and from energy sales from the cogeneration plant located at its Racecourse Mill.
This is a summary only and we recommend investors read the full research report, the Information Memorandum and other relevant information.