Company updates
G8 has released a statement confirming the end of it voluntary suspension. As G8 previously informed the market, it had terminated its agreement with CFCG Investment Partners (CIPI) after it did not meet its commitment to invest a second and final tranche in a share placement
Company updates
G8 has gone into trading halt. It states that it is in discussions with CFCG Investment Partners, regarding an extension for the payment of the second and final tranche of its share placement
Company updates
Plenty of company reporting over the last week with seven companies having posted their 1H17 or full year 2016 results, we announced a new floating rate DirectBond from NAB and PMP announced their merger with IPMG will proceed as planned
Company updates
G8 has released its full year 2016 results, and announced an equity raise through CFCG Investment Partners International
Company updates
G8 announced the renewal of its overdraft facility and appointment of its CFO to CEO
Company updates
Adani tenders for its 2018 bonds and gets government approval for the Carmichael mine, G8 Education and Impact Group both provide a trading update and holders of the Transurban 2021, 2023 and 2024 bonds have been notified of a consent event
Opinion
A common error among financial commentators is to lump all bonds into the same basket, for example "bond rout set to continue", referring to the US and Australian 10 year government bonds. But government bonds do not behave in the same way as corporate bonds – for most corporate bond investors losses, if any, will be minor
Company updates
BlueScope more than doubles its full year profit, G8 Education’s growth has slowed, McPherson’s posted solid FY16 results and Sydney Airport continued to deliver a strong performance
Company updates
While equity markets did not like the G8’s slowing growth reported for 1H16, the results were sound from a credit perspective
Opinion
Ian Silk, Chief Executive of the $100 billion Australian Super fund, has dispelled any doubt that we are stuck in a low interest, low inflation environment, announcing this week that Australian Super’s Balanced Fund had returned 4.54 percent for the 2015 to 2016 year