Latest Fixed Income Investing News

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Income Asset Management has appointed Danielle Press as Chair and elevated CEO Jon Lechte to Managing Director, marking a significant leadership transition following the retirement of long-serving Executive Chair John Nantes.

Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement and shortfall offer priced at $1.10 per unit, aiming to bolster its investment capacity in Australian credit markets. The offer presents a 9.1% discount to recent trading prices and is designed to enhance liquidity and scale for existing and new investors.

Gryphon Capital Income Trust (ASX, GCI) has opened a non-underwritten unit purchase plan offering new units at A$2.00 each to eligible unitholders in Australia and New Zealand. The offer aims to raise up to A$337 million to support portfolio growth.

New Hope Corporation reported robust FY25 coal production and EBITDA despite severe weather and logistics disruptions at its Bengalla Mine, while New Acland Mine showed significant growth.

State Street Global Advisors announces significant fee reductions and rebranding for its SPDR Australian Bond ETFs, aligning with the iBoxx index series to enhance market positioning and investor appeal.

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

Australian Bond Exchange Holdings has completed a $683,180 private placement, issuing over 17 million shares to strengthen its financial position and support expansion and cost-cutting initiatives.