Heritage Notes
In October 2009 Heritage was the first mutual Authorised Deposit-taking Institution (ADI) to initiate an ASX listed debt transaction. Heritage raised $50 million from the issue of 500,000 subordinated, unsecured debt securities. The demand for Heritage Notes was extremely strong and the transaction was three times oversubscribed.
Read more about this topic: Heritage Bank
Famous quotes containing the words heritage and/or notes:
“The heritage of the American Revolution is forgotten, and the American government, for better and for worse, has entered into the heritage of Europe as though it were its patrimony—unaware, alas, of the fact that Europe’s declining power was preceded and accompanied by political bankruptcy, the bankruptcy of the nation-state and its concept of sovereignty.”
—Hannah Arendt (1906–1975)
“In trying to understand the appeal of best-sellers, it is well to remember that whistles can be made sounding certain notes which are clearly audible to dogs and other of the lower animals, though man is incapable of hearing them.”
—Rebecca West (1892–1983)