- Tuesday, 28 February 2017 11:51
Province of Ontario (Ontario) (A+/Aa2) launched a minimum A$25 million (US$19.2 million) increase to its January 2027 Kangaroo bond on 28 February. The transaction is being marketed at 80 basis points over semi-quarterly swap, will be priced on day of launch and is being led by TD Securities.
- Tuesday, 28 February 2017 10:11
Bank of Tokyo-Mitsubishi UFJ Sydney Branch (BTMU Sydney) (A+/A1) mandated ANZ, Morgan Stanley, MUFG Securities, National Australia Bank and Westpac Institutional Bank for a domestic transaction on 28 February. The four-year deal is being marketed in the area 105-110 basis points over swap benchmarks.
- Tuesday, 28 February 2017 09:55
On 28 February, Commonwealth Bank of Australia (CommBank) announced it has completed the bookbuild on its tier-one hybrid offer, Perls IX. The deal has been increased to A$1.45 billion (US$1.11 billion) from A$750 million and the margin has been set at 390 basis points over bank bills, the tight end of the indicative 390-410 basis points over bank bills range.Register to read more...
- Monday, 27 February 2017 20:18
Rentenbank (AAA/Aaa/AAA) mandated an increase to its January 2025 Kangaroo bond on 27 February, via RBC Capital Markets and TD Securities. The increase, which is due to price the day after launch, is for minimum volume of A$50 million (US$38.5 million) and is being marketed at 59.25 basis points over Australian Commonwealth government bond or 55 basis points over semi-quarterly swap.
Friday, 24 February 2017 09:28am
Westpac Banking Corporation (Westpac) says investor appetite for diverse product supported robust... Register to read more
Friday, 24 February 2017 08:11am
Another busy week of deal flow produced a record-volume deal for the Australian Office of... Register to read more
Latest Issue 2017 February-March
Unpicking the role of global price comps in domestic corporate deals. USPP and global investor views. The ‘fourth phase’ for SSA Kangaroos. Australia’s first blockchain bond trial and the role of intermediaries. Plus news and deals.