Ten years ago, in 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 presence in South ... Read More
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.
| {{data.Symbol}} {{data.CompanyName}} | {{data.Close}} {{data.AsAt | date :'shortTime'}} | {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}% |