Cromwell Funds Management Limited (CFM) has finalised the interest rate swap for the Cromwell Ipswich City Heart Trust (Trust) bank loan on terms that are more favourable than those outlined in section 8.6 of the Cromwell Ipswich City Heart Trust Notice of Meeting and Explanatory Memorandum dated 22 August 2018 (Explanatory Memorandum).
The interest rate swap follows the decision of Trust unitholders in September 2018 to extend the term of the Trust for a further four and a half years under the Rollover Proposal. The interest rate swap fixes 100% of the Trust’s debt for the duration of the bank loan. Please see the Explanatory Memorandum for further information.
If you have any questions, please contact Cromwell’s Investor Services Team on 1300 268 078 or email email@example.com.
Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this notice and is the responsible entity of, and the issuer of units in, the Cromwell Ipswich City Heart Trust ARSN 154 498 923 (Trust). In making an investment decision in relation to the Trust, it is important that you read the product disclosure statement dated 16 December 2011 (PDS). The PDS is issued by CFM and is available from www.cromwell.com.au/ich or by calling Cromwell’s Investor Services Team on 1300 268 078. The Trust is not open for investment. This notice has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision, you should consider the PDS and assess, with or without your financial or tax adviser, whether the Trust fits your objectives, financial situation or needs. CFM and its related bodies corporate, and their associates, do not receive any remuneration or benefits for the general advice given in this notice. If you acquire units in the Trust, CFM and certain related parties may receive fees from the Trust and these fees are disclosed in the PDS.
Please note: Any investment, including an investment in the Trust, is subject to risk. If a risk eventuates, it may result in reduced distributions and/or a loss of some or all of the capital value of your investment. See the PDS for examples of key risks. Past performance is not a reliable indicator of future performance. Forward-looking statements in this notice are provided as a general guide only. Capital growth, distributions and tax consequences cannot be guaranteed. Forward-looking statements and the performance of the Trust are subject to the risks and assumptions set out in the PDS.