Shaw and Partners appointed Co-Manager to Bendigo and Adelaide Bank Capital Notes offer News28 Oct 2020

Bendigo and Adelaide Bank Limited (ASX: BEN), today announced an offer of new Capital Notes, which are expected to be quoted on the ASX and trade under the ASX: BENPH.

 

Shaw and Partners is pleased to be appointed Co-Manager to offer. 

 

Bendigo and Adelaide Bank intends to raise approximately $350 million through the offer of Capital Notes, with the ability to raise more or less. Capital Notes are being issued to support the Bank’s balance sheet growth and to ensure it continues to have strong regulatory capital levels, with the proceeds available to be used to fund the redemption of the Bank’s Convertible Preference Shares 2 (ASX: BENPE) and for general corporate purposes.

 

The offer - comprising a Reinvestment Offer, a Security Holder Offer, a Broker Firm Offer and an Institutional Offer - is open to Australian Resident clients only.

 

For a copy of the Prospectus or more information please contact your Shaw and Partners adviser.

Related Articles
News09 Jun 2025 Celebrating 10 Years of Shaw and Partners in Adelaide
Ten years ago, on Thursday 11 June 2015, Shaw and Partners Financial Services proudly opened the doors to a modest office in Adelaide with a clear ambition—to build a strong presen... Read More
News04 Jun 2025 Shaw and Partners strengthens surf sports partnership with shake up of 2025 Shaw and Partners Coolangatta Gold
After celebrating its 40th anniversary last summer, the Shaw and Partners Coolangatta Gold is set for a major shakeup in 2025.   Coolangatta Beach will once again host the Shaw a... Read More
News14 May 2025 THINK YOU KNOW GOLD? Shaw and Partners Gold Price Prediction Competition
THINK YOU KNOW GOLD? Here's your chance to win a Shaw and Partners hamper!  The Shaw and Partners Gold Price Prediction Competition is closing soon. Launched in the June Quarter ... Read More
News13 May 2025 Shaw and Partners continues to attract some of Australia’s most respected investment advisers.
Shaw and Partners Queensland State Manager Glen Gannon has welcomed Dwight Phillips, Tim Harbort and Craig Clark to the Brisbane office, a high-performing team with more than 50 ye... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%