Peet completes the bookbuild on its latest simple corporate bond

On 23 June, Peet (NR) revealed it has completed the bookbuild on its offer of 5.25-year floating-rate notes. The bookbuild was oversubscribed, according to an announcement lodged with the Australian Securities Exchange (ASX), however Peet has elected to keep the offer size at A$50 million (US$37.7 million) leading to a scaling of applications.