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Suncorp Launches Capital Notes 5 Offer

Suncorp Launches Capital Notes 5 Offer

Suncorp Group Limited (AU:SUN) has released an update.

Suncorp Group Limited has opened its offer for Capital Notes 5 following a successful Bookbuild that secured $360 million from Syndicate Brokers and Institutional Investors, with the Margin set at 2.80%. The offer, opening today, includes a Reinvestment Offer for eligible holders of Capital Notes 2, with the closing date set for 9 May 2024. Investors are advised to consult the prospectus and professional financial advice due to the inherent risks and eligibility requirements for investment.

For further insights into AU:SUN stock, check out TipRanks’ Stock Analysis page.

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