On 25 May, Peet (NR) launched a new, September 2026, A$75 million (US$58.2 million) floating-rate note (FRN) transaction. Indicative price guidance for the deal is 500-525 basis points area over three-month bank bills, according to sole lead manager National Australia Bank. Pricing is expected on the day after launch.

The federal government is re-evaluating its plan to facilitate retail access to corporate issuers. However, industry sources doubt that even improvements to the simplified corporate bond regime will encourage supply.

Peet came to the market for its fourth debt capital market transaction on 26 March, with the issuer raising capital to position itself for opportunities that it believes may arise as a result of a property market sell-off. The deal’s lead says the nonrated corporate market continues to provide attractive opportunities for issuers and investors.

On 25 March, Peet (NR) launched a five-year, indicative A$75 million (US$53.1 million) senior-unsecured transaction. The forthcoming deal has an indicative coupon in the area of 6.75 per cent. National Australia Bank is sole lead arranger and bookrunner.

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.

Peet (NR) has launched an offer of 5.25-year floating-rate notes, with the firm revealing in an Australian Securities Exchange (ASX) announcement on 20 June that it is seeking a minimum A$50 million (US$37.9 million) from the offer.

On June 7, Peet (NR) announced the close of the issue of Series 1, Tranche 1 Peet senior-unsecured bonds. This follows the May 10 Australian Securities Exchange (ASX) announcement that it had completed the bookbuild, increasing the offer's volume as a result. Peet had planned to raise A$50-75 million (US$36.9-55.4 million) from the retail offer but following solid demand sanctioned an increase to A$100 million with an ability to raise more or less. The bonds are expected to settle on June 10.