Disclaimer:  This advice is general in nature and may not be construed as personal advice

Judo Capital Holdings is offering investors the opportunity to invest in the upcoming issue of Judo Capital Notes.  Judo Bank is looking to raise $75m with the proceeds from the raise being used to fund the regulatory capital requirements and for inclusion as Additional Tier 1 Capital.

Details of the offer:

Offer Price :                         $100.00

Offer Size:                            $75 million

Minimum Investment:$5,000 

ASX Code:                           JDOPA

Ranking: 

In the event of Judo Bank winding up, the Judo capital Notes will rank ahead of ordinary shares but behind all senior ranking creditors of Judo Bank

Term of Notes:   

The Judo Notes do not have a fixed maturity date, however they are due to convert into ordinary shares on 16^th November, 2031.

Margin Return:                

It is expected that Judo Bank will pay investors between 625bps – 650bps over the 90 day Bank Bill Swap Rate (BBSW). The current 90 day BBSW rate is approximately 4.17% so the initial total return will be 10.42%-10.67%.

Distributions:                   

The distributions are expected to be floating and paid on a quarterly basis.These payments are discretionary and non- cumulative.

The PDS for this offer can be found by clicking on the report below.  You will also see a report from Bond Adviser (which is an independent research house).

https://gammawealthgroup.app.box.com/s/9ysqwquqxo9ggtshek2l9m3geqo6vsxi

This offer is suitable for those investors requiring income from their investments.  As per the Bond Adviser Report, this investment is considered to be in the Higher Risk category for this asset class.

https://gammawealthgroup.app.box.com/s/7ys7xom09ibpohpaoabeskgrnyvt2zym