Sargon has today confirmed its appointment as trustee for AMP Limited’s (ASX:AMP) Capital Notes 2 offer with A$275 million in unsecured notes issued today and expected to begin trading on a deferred settlement basis on the Australian Securities Exchange (ASX) on 24 December 2019.
The notes offer forms part of AMP’s ongoing funding and capital management strategy.
As the trustee for the notes offer, Sargon is appointed under the Corporations Act to act on behalf of holders.
Sargon’s note services include acting as trustee for retail and wholesale note issues such as secured or unsecured notes, convertible notes and hybrids.
Sargon provides a full range of trustee and agency services to the debt capital markets, including securitisation, syndicated loans and other debt financing.