ASX:BENBanks
Assessing Bendigo and Adelaide Bank’s Valuation After A €500 Million Senior Note Issue
Why Bendigo and Adelaide Bank’s new bond issue matters for shareholders
Bendigo and Adelaide Bank (ASX:BEN) has completed a €500 million fixed income offering of 2.892% senior secured notes due 2031. This is a funding move that directly affects its capital structure and funding mix.
See our latest analysis for Bendigo and Adelaide Bank.
The new covered bond issue comes after a mixed stretch for Bendigo and Adelaide Bank’s shares, with the latest A$11.12 price sitting alongside a 90 day share...