The information below is a summary only. Before investing in any
security you should consult the full prospectus or a financial
advisor.
| ASX CODE: |
ACDHC |
| Issue type: |
Unsecured Subordinated Notes |
| Country: |
Australia |
| Issue currency: |
AUD |
| Number on issue: |
100,000 (as per prospectus dated 29 May 2000) |
| Face value: |
$100 per note. |
| Maturity date: |
31 July 2015 |
| Redemption details: |
Subject to APRA's consent, Australian Central may redeem all
of the Series 3 Notes at the face value of each Series 3 Note plus
accrued interest on 31 July of each year commencing 31 July 2010
and ending 31 July 2014.
If not redeemed earlier Australian Central must redeem all Series
3 Notes at the face value of each Series 3 Note on 31 July 2015. |
| Interest rate: |
A fixed rate of 9% per annum for the first 10 years will be paid
on the face value of the Series 3 Notes. For the last five years the
interest rate will be reset annually (commencing on 1 August 2010)
at the prevailing Swap Rate for the term to maturity plus 3.25% p.a.
A special interest rate payment will be made to successful applicants
from the date of receipt of cleared funds to the day prior to the
allotment at an interest rate of 9% p.a.
|
| Interest payment dates: |
Interest will be paid quarterly in arrears on the 1 July,
1 October, 1 January and 1 April each year |
| Books close Date (Record Date): |
The Record Date is at the close of business 11 business days
prior to the Interest Payment Date.
The securities are marked 'ex-interest' for SEATS trading purposes
on the open of business 4 days prior to the Record Date. These dates
can be subject to change, and consequently should be confirmed by
contacting your broker, the Issuer or the Issuer's registrar. |
| Winding up: |
The Series 3 Notes are unsecured, subordinated obligations of
Australian Central and in the event of Australian Central's winding
up would rank after all liabilities withdrawable share capital and
other obligations of Australian Central, except notes issued by
Australian central under its prospectuses dated 6 June 1996 and
15 April 1996 respectively (which rank equally with the Series
3 Notes).
Australian Central is subject to the Prudential Standards supervised
by APRA, APRA does not guarantee the obligations of Australian
Central in respect of the Series 3 Notes, and does not accept
any responsibility for the protection of holders of Series 3
Notes. APRA takes no responsibility for the contents of this
Prospectus.
|
| Further Details: |
Please refer to full prospectus dated 29 May 2000. |
