The zipMoney Trust 2017-1 (Warehouse, Facility, Pool) is a securitisation facility that comprises unsecured consumer loans originated by Zip Co Limited (ZIP, Company, Group)

The zipMoney Trust 2017-1 (Warehouse, Facility, Pool) is a securitisation facility that comprises unsecured consumer loans originated by Zip Co Limited (ZIP, Company, Group)

Coles Group Limited (Coles, Company) is one of Australia’s leading retailers providing fresh food, household goods, groceries, liquor and fuel. The 105 year old company has a national footprint with close 2,500 retail stores.

On 9 November 2019, Bloomberg reported that telecommunications company Frontier Communications Corporation (Frontier, Company) is looking to replace current CEO Daniel McCarthy.

On 12 November 2019, international explosives and fertiliser manufacturing company, Incitec Pivot Limited (IPL, Company) announced its full year (FY19) results for the period ending 30 September 2019.

Origin Energy Finance Limited is the financing vehicle for Origin Energy Limited (Origin, Company). Founded in 1946, Origin is an integrated energy company that engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Australian major bank Tier 2 sub-debt issuance has picked up since the middle of this year following the APRA announcement of additional capital requirements for banks

Virgin Australia Holdings Limited (Virgin) has issued two new bonds in the recent few weeks leading to repricing of the existing AUD issuance

Virgin Australia Holdings Limited (Virgin) is Australia’s second largest airline, providing access to over 480 destinations worldwide. Virgin also provides services together within airline partners and operates flights domestically and internationally; carrying around 24 million passengers annually and currently operates 3,400 average weekly scheduled flights to 46 destinations in Australia and 16 internationally. Virgin is listed on the Australian Securities Exchange (ASX) with a market capitalisation of AUD1.86bn as at 10 September 2018.

Verizon Communications Inc (Verizon, Company) is one of the largest providers of communications, information and entertainment products, servicing consumer, business and government agencies, domestically and internationally.

Verizon Communications Inc (Verizon, Company) is one of the largest providers of communications, information and entertainment products, servicing consumer, business and government agencies, domestically and internationally.

On 5 November 2019, The GEO Group Inc. (GEO, Company), announced 3Q19 results for the three months ending 30 September 2019.

The November 2019 update to our DirectBond List including new additions and our current Trading Restrictions list.

The bond market constantly throws up opportunities for investors to maximise the risk/reward equation on investing their capital. Here we consider our current top picks in fixed, floating and inflation linked bonds.

On 29 October 2019, S&P Global Ratings (S&P) downgraded its rating on Rackspace Hosting Inc (Rackspace, Company).S&P cited a number of factors for the downgrade, including increased competition in its Managed Public Cloud segment and declining margins over the next 12 months.

On 31 October 2019, Moody's Investor Service (Moody's) downgraded the corporate credit rating on IAMGOLD Corp (IAMGOLD). At the same time, Moody's downgraded both the credit rating and recovery estimate on IAMGOLD's notes due 2025. The downgrade primarily reflects operational challenges at IAMGOLD's Westwood (Canada) and Rosebel (Suriname) mines which have resulted in a deterioration of its credit metrics and increase of operating costs.

Following strong client demand we have added bank Tier 1 securities and deeply discounted bank subordinated paper (‘discos’) to our offering.