AMP Launches A$600 Million Note Issue To Fund AXA APH Acquisition
22 3월 2011 - 10:51AM
Dow Jones News
AMP Ltd. (AMP.AU) said Tuesday it has launched a 600 million
Australian dollar (US$602.4 million) note issue to help fund its
acquisition of the Australian and New Zealand operations of AXA
Asia Pacific Holdings Ltd. (AXA.AU).
The floating rate subordinated exchangeable notes that mature on
March 26, 2021 will be offered to institutional investors at 250
basis points over the three month bank bill swap rate, the company
said.
AXA SA (AXAHY), which is buying AXA APH's Asian operations, has
agreed to purchase the notes that aren't allocated to other
investors.
-By Rebecca Thurlow, Dow Jones Newswires; 61-2-8272-4679;
rebecca.thurlow@dowjones.com
Axa Asia Pacific Holdings (ASX:AXA)
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Axa Asia Pacific Holdings (ASX:AXA)
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