BondAdviser Ratesheet as at 1 March 2017
Click here to access the BondAdviser Ratesheet as at 1 March 2017.
1
Mar, 2017
28
Feb, 2017
BondAdviser Ratesheet as at 28 February 2017
Click here to access the BondAdviser Ratesheet as at 28 February 2017.
27
Feb, 2017
New Issue: Challenger Capital Notes 2
On 28th February 2017, Challenger Ltd (CGF) announced a new issue namely Challenger Capital Notes 2 (prospective ASX Code: CGFPB). The purpose of this transaction is to provide Regulatory Capital for the group but more specifically, it will be treated as additional Tier 1 capital. The indicative size of the offer is [$350 million] but CGF retain the ability to [...]
27
Feb, 2017
BondAdviser Ratesheet as at 27 February 2017
Click here to access the BondAdviser Ratesheet as at 27 February 2017.
26
Feb, 2017
BondAdviser Ratesheet as at 24 February 2017
Click here to access the BondAdviser Ratesheet as at 24 February 2017.
23
Feb, 2017
BondAdviser Ratesheet as at 23 February 2017
Click here to access the BondAdviser Ratesheet as at 23 February 2017.
22
Feb, 2017
BondAdviser Ratesheet as at 22 February 2017
Click here to access the BondAdviser Ratesheet as at 22 February 2017.
22
Feb, 2017
New Issue: PERLS IX
On the 20th of February 2017, the Commonwealth Bank of Australia (CBA) announced a new issue namely PERLS IX (Prospective ASX Code: CBAPF). The notes are expected to be issued on the 31st of March 2017. The purpose of this transaction is to provide Regulatory Capital for the group but more specifically, it will be treated as additional Tier 1 [...]
22
Feb, 2017
Paladin: Restructuring at its Best
Along with most uranium miners, Paladin Energy (ASX: PDN) has faced increased pressure from decade-low uranium prices and over-supply of yellowcake (impure uranium oxide obtained during processing of uranium ore). With soft top-line growth and failure to sell a 24% stake of its flagship Langer Heinrich mine putting downwards pressure on its liquidity, the company has proposed a balance sheet [...]
22
Feb, 2017
EBITDA or Cashflow?
In the world of credit analysis, investors are often misled by EBITDA as it is sometimes used as a proxy for cashflow. EBITDA refers to a company's earnings before interest expense, taxation, depreciation and amortisation of certain capital expenses. While it is commonly used as a benchmark between peers, the measure does not account for capital expenditures, fails to accurately [...]
