Summerset launches $100m bond offer

(Image: Summerset Group)

Mon, 12 May 2025

Summerset Group has launched a six-year bond offer to fund the repayment of previously issued debt. The retirement village and aged care company told the market on Monday that it is raising up to $100 million, with the potential to accept an additional $50m in oversubscriptions. The bonds, which will mature in May 2031, are being offered to institutional and retail investors who are customers of the joint lead managers, ANZ, Commonwealth Bank of Australia, Craigs Investment Partners, and Forsyth Barr, as well as other primary market p...

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