Company updates
In this week’s company updates, Emeco completes its recapitalisation and mergers, we provide a factsheet for Novacare’s April 2033 bond and RWH Finance’s refinancing process has started
Company factsheets
RWH Finance Pty Ltd AUD 30 June 2033 senior secured indexed annuity bond factsheet
Company factsheets
RWH Finance Pty Ltd AUD 6.20% 26 March 2021 senior secured bond factsheet
Week in review
US non farm payroll numbers on the upside, Liberal coalition set to form government and market uncertainty sees increased buying of fixed coupon bonds
Week in review
Poor news for Australian investors as election uncertainty continues. Demand grows for bonds which have rallied in the aftermath of Brexit
Trade opportunities
Fixed income investors are traditionally looking for higher yields than what they can earn on cash and deposits, without the volatility displayed by equities
Company updates
We revisit the refinancing risk around the Royal Women’s Hospital nominal bond, and present a case for why we continue to see a refinancing of the bonds as a likely outcome
Company updates
Moody’s has upgraded the rating outlook on Royal Women’s Hospital (RWH) from negative to stable, which is positive for its nominal and indexed annuity bondholders. We believe RWH’s credit rating could be upgraded if the nominal bonds are successfully refinanced
Trade opportunities
With real yields of between 2% to 3% on offer, inflation indexed annuity bonds (IABs) continue to represent a compelling investment proposition given the strong underlying credit quality.
Trade opportunities
FIIG has launched new bonds relating to the Royal Women’s Hospital as DirectBonds