Equity Trustees Limited, the responsible entity for the NB Global Corporate Income Trust (ASX: NBI), has today announced a pro rata 1 for 1 non-renounceable entitlement offer and shortfall offer of new fully paid ordinary units in the Trust to raise up to $476.3 million (Offer). The offer price is $2.00 per unit.

The offer will be made available to institutional and retail investors in Australia and New Zealand under a product disclosure statement (PDS).

Neuberger Berman Australia Pty Ltd is the investment manager of the Trust.

For more information or to obtain a copy of the PDS please contact your Shaw and Partners Adviser.

About Neuberger Berman and the Investment Team

Founded in 1939, Neuberger Berman is a private, independent, employee-owned global asset management firm with a primary objective: to deliver compelling investment results for its clients over the long term. From offices in 20 countries, and with more than 580 investment professionals and over 2,000 employees in total, Neuberger Berman takes an active approach to the management of equity, fixed income, private equity and debt, hedge fund and quantitative strategies, along with the multi-asset class portfolios that bring them together. As of 30 June 2018, institutions, advisors, families and individuals around the globe entrusted Neuberger Berman with US$304 billion of their assets.

The investments of the Trust will be managed by a large and experienced investment team, currently comprising 56 investment professionals located globally across Chicago, Atlanta, New York, London, The Hague, Singapore and Shanghai, including five senior portfolio managers averaging 24 years’ industry experience and focused on the analysis, investment in and management of global high yield corporate bonds.

Disclaimer

Equity Trustees Limited (ABN 46 004 031 298, AFSL 240975) is the responsible entity of the Trust and is the issuer of the Product Disclosure Statement (PDS). The Trust is a constituted managed investment scheme structured as a unit trust, which has been registered with ASIC. The PDS is dated 14 May 2019 and a copy of this PDS was lodged with ASIC on that date. The PDS is important and should be read in its entirety prior to deciding whether to invest in the Units. There are risks associated with an investment in the Units which must be regarded as a speculative investment. The PDS will be made generally available to Australian residents and New Zealand residents.