The Vector one was ever so slighly better (almost identical terms)
But at 5.7% its good enough for bond investors to be tempted I would suggest. We filled our book and sold the lot.
While it is long dated, it has a reset and resale facility provided by the Issuer every five years. And yet this allows them to consider 50% of the debt as equity. So its a win win in my view. Its pretty unlikely you will be forced to rollover in 5 years (but possible) The Issuer has to pay an extra margin on the whole bond if there are some not resold in five years so they are incentivised to place redemptions with new bond investors .
Vector bond was better though because the extra margin was a whole one percent whereas the Genesis extra margin is only 0.25%
Other than that and GNE paying quarterly interest the two bonds were the same.