BBSN2 are New Zealand dollar denominated, unsecured, subordinated, cumulative, resettable notes issued by Babcock & Brown. They are debt obligations of Babcock & Brown.
BBSN2 pay a fixed rate, semi-annual, cumulative interest until the first reset date (15 September 2011). The interest rate until the first reset date is 9.01% per annum.
Interest payment dates are 15 March and 15 September each year unless changed at a reset date, subject to deferral rights, with penalty interest accruing on outstanding interest.
15 September 2006 First interest payment date 15 March and 15 September every year Subsequent interest payment dates 15 September 2011 First reset date 15 September 2016 Maturity date
22.08.07 Appendix 7 of NZX Listing Rules - Notice of event affecting securities 06.03.07 Appendix 7 of NZX Listing Rules - Notice of event affecting securities 13.06.06 BBSN2 Final Allotment Notice 09.06.06 BBSN2 Closing Details 07.06.06 BBSN2 Third Allotment Notice 31.05.06 BBSN2 Second Allotment Notice 24.05.06 BBSN2 First Allotment Notice 09.05.06 Babcock & Brown Subordinated Notes 2 Margin Determined 01.05.06 Lodgement of prospectus for NZ$150 million subordinated note issue
01.05.06 Original prospectus (Australian residents) 09.05.06 Replacement prospectus (Australian residents) 09.05.06 Investment statement and replacement prospectus (New Zealand residents)
01.05.06 BBSN2 Investor Presentation