On 22 June, Seek (NR) revealed plans for an Australian dollar transaction, potentially to tap its existing 2026 subordinated notes or issue new subordinated notes. At the same time, Seek released a tender memorandum, inviting holders of its A$175 million (US$119.5 million), April 2022, senior floating-rate notes (FRN) to offer any or all of their holdings for potential purchase by the issuer.
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