Australian Unity Notes are five-year unsecured debt obligations of Australian Unity Limited quoted on the Australian Securities Exchange (ASX Code: AYU).

The funds raised through Australian Unity Notes will be used towards financing growth, repaying debt and for general working capital and business purposes.

The offer closed on 8 April 2011 and Australian Unity Notes commenced trading on the ASX on 19 April 2011.

All Noteholder queries should be directed to Australian Unity's Noteholder Registry, Link Market Services by calling 1300 554 474.

Interest Rate

Australian Unity Notes feature a floating interest rate, based on the three-month BBSW as determined on the first day of each interest period (expressed as a percentage per annum), plus a fixed margin of 3.55 percent per annum.

The interest rate payable for Australian Unity Notes for the current interest period is announced on the ASX.  

Interest is scheduled to be paid in arrears at the end of each quarterly interest period (being 14 January, 14 April, 14 July, and 14 October in each year) and on the maturity date or any redemption date (subject to the Australian Unity Notes Terms).

ASX Announcements

Material (price sensitive) information relating to the listed Australian Unity Notes will, subject to exceptions under the ASX Listing Rules, be immediately disclosed to the market.  To view our disclosures to the market, please refer to our ASX Announcements section.

Governance

Australian Unity is committed to maintaining high corporate governance standards and adheres to the ASX Corporate Governance Principles and Recommendations and other ASX requirements, as relevant to its listed Australian Unity Notes.  For further details in relation to our corporate governance practices, please refer to our Governance section.


See also: Series B Australian Unity Bonds - Tranche 1 Offer