Stadium To Talk To Anz

Stadium Australia Group confirmed yesterday it will hold discussions with its principal secured lender, ANZ Bank, and the NSW Government.

Amc Still In Game For Debt Package

Australian Magnesium Corporation yesterday rejected market talk that the group was struggling to bed down the $700 million-plus debt funding package required to underpin its Stanwell magnesium project near Rockhampton.

Axa Financial Adviser Quizzed About The Gap In Bond Arithmetic

The average investor in AXA Asia-Pacific's Prosperity Bond earned between 5 and 6 per cent a year on their secured portfolio investment and just over 2 per cent on their cash portfolio investment while interest of between 6.5 per cent and 10 per cent was sought on loans used to buy into the bond, the Federal Court was told yesterday.