BOQ buy back of $1B unsecured notes

Company News


Bank of Queensland Limited (ASX:BOQ) has announced it will commence a buy back of its senior unsecured notes to the value of $1 billion.

The notes which were due to mature in October were issued in May 2000 before being amended in November 2005.

The offer will expire on June 14.
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The news follows a successful $450 million retail capital raising earlier this year.

Bank of Queensland reported a net loss of $90.6 million in the first half of the 2012 financial year.


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