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
0.120(1.38%) |
Mkt cap ! $20.79B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.79 | $8.61 | $28.73M | 3.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16456 | $8.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.79 | 501 | 2 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| IAG (ASX) Chart |