Summarised details of the offer are below:
Issuer: General Finance Limited
Instrument: First Ranking Debenture Stock
Maturity Date: 3 Years
Interest Rate: 5.75% p.a (Fixed)
Minimum Application: $5,000
Interest Payments: Monthly or quarterly
Credit Rating: Not Rated
Key Ratios:
- Capital Ratio: 47% compared with prescribed 15% minimum
- Related Ratio: 0% compared with prescribed 10% maximum
Exposures:
- Liquidity Cover Ratio: 7.4x, compared with the prescribed 1.25x minimum
For more detailed information, please click on the latest Product Disclosure Statement (PDS) link below, which also includes the application.