Bond SGSP Australia Holdings 3.75% ( AU3CB0238228 ) in AUD

Issuer	SGSP Australia Holdings
Market price	100 % ⇌
Country	Australia
ISIN code	AU3CB0238228 ( in AUD )
Interest rate	3.75% per year ( payment 1 time a year)
Maturity	28/06/2023 - Bond has expired
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Minimal amount	100 000 AUD
Total amount	350 000 000 AUD
Detailed description	SGSP (Australia) Assets is a diversified investment company focusing on acquiring, managing, and developing a portfolio of real estate and infrastructure assets across Australia. A notable event in the fixed income market recently observed the successful maturity and full redemption of a specific bond issuance. Identified by the ISIN AU3CB0238228, this Australian Dollar-denominated obligation, issued by SGSP (Australia) Assets, reached its scheduled maturity date of June 28, 2023. SGSP (Australia) Assets, an entity that typically functions as a holding or asset management vehicle within the broader Australian financial ecosystem, responsible for managing significant asset portfolios, has successfully met its financial commitments related to this debt instrument. The bond, which originated from Australia, was characterized by a fixed interest rate of 3.75% and saw a substantial total issuance size of AUD 350,000,000. Designed with a minimum purchase requirement of AUD 100,000, it likely appealed to institutional investors or high-net-worth individuals seeking exposure to Australian fixed income. The payment frequency for this obligation was annual. Upon its maturity, the bond was fully redeemed at 100% of its nominal value, signifying that all principal amounts were returned to the bondholders as per the original terms. This complete and timely repayment highlights the issuer's financial integrity and the predictable nature of well-managed fixed income investments, providing a clear demonstration of a debt security reaching the conclusion of its lifecycle as planned.