Bookbuild on Villa World’s simple corporate bond completed ahead of schedule

Villa World (NR) revealed on 27 March that is has closed the bookbuild early on its offer of unsecured and unsubordinated simple corporate bonds. The bookbuild was scheduled to close on 29 March and the issuer revealed in an Australian Securities Exchange (ASX) announcement that it completed the bookbuild on March 24. The final margin, originally expected to be in the range of 4.75-5.00 per cent, was also revealed to be 4.75 per cent.