Nov 1 (Reuters) - Insurance Australia Group Ltd (IAG) :
- ANNOUNCES WHOLESALE SUBORDINATED DEBT ISSUE
- TO OFFER A NEW A$ SUBORDINATED DEBT ISSUE TO WHOLESALE INVESTORS
- IS SEEKING TO RAISE SUBORDINATED DEBT WHICH IS EXPECTED TO QUALIFY AS TIER 2 CAPITAL UNDER APRA CAPITAL ADEQUACY FRAMEWORK
- SECURITIES TO HAVE A NOTIONAL FACE VALUE OF A$10,000 PER SECURITY, WITH A MINIMUM SUBSCRIPTION AMOUNT OF A$500,000
- PROPOSED ISSUE INCLUDES FLOATING RATE ISSUE WITH LEGAL MATURITY IN DEC 2038
News: IAG Insurance Australia Announces Wholesale Subordinated Debt Issue
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Last
$8.79 |
Change
0.025(0.29%) |
Mkt cap ! $20.79B | |||
| Open | High | Low | Value | Volume |
| $8.74 | $8.82 | $8.68 | $13.83M | 1.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 7267 | $8.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.79 | 7951 | 14 |
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| Last trade - 15.24pm 07/08/2025 (20 minute delay) ? |
| IAG (ASX) Chart |