
Mirvac Group Finance Ltd, founded in 1983 and headquartered in Sydney, Australia, is a wholly-owned subsidiary of Mirvac Group, focusing on providing financial solutions to support the company's property development and investment activities. The firm specializes in raising capital through various debt instruments to fund its projects, ensuring efficient liquidity management and strategic growth initiatives.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MGRAU 2.60% 2029-09-18 AUDMirvac Group Finance Ltd | Australia | 2029-09-18 | 2.600 | 4.68 |
MGRAU 3.63% 2027-03-18 USDMirvac Group Finance Ltd | Australia | 2027-03-18 | 3.625 | 4.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Mirvac Group Finance Ltd has been actively involved in the bond market, commencing its bond issuance program in 2006. Notably, the company issued a significant A$300 million bond in 2021, which was well-received and highlights its strong credit profile. Currently, the yields on its bonds are competitive with industry averages, reflecting robust investor confidence. Additionally, Mirvac's bond offerings often feature sustainability-linked elements, aligning with its commitment to environmental responsibility and responsible investment practices.