Australian Unity seals $120m debt
Friday, 15 April 2011 12:45pm
By Matt Woodington | In Investment
Australian Unity has completed its oversubscribed $100 million bond issue with the final allotment set at $120 million.
The offer of unsecured notes, which started out as an $80 million fundraising, closed on April 8.
Yesterday 1.2 million Australian Unity notes were issued to subscribers, including institutional, retail and member investors, priced at $100 each. The notes will start trading on the ASX on April 19.