Canada delivers one-two provincial punch as Ontario shatters its Kangaroo record
Confidence grows on baseline reliability of Australian corporate market
Sydney Airport adds euro benchmark to domestic outcome to deliver ideal blend
Quantum leap for Canadian provinces as Québec smashes Kangaroo record
Latest news
Shift seeking IOIs for A$230 million ABS
UDC mandates leads for Endeavour Auto 2024-1 ABS
ACT mandates new October 2036 benchmark bond
In this issue
In this issue
- Demand, tenor and global relevance for Australian dollar corporate issuance
- Opportunity and controversy from bank ratings updates
- Highlights from the KangaNews Debt Capital Market Summit 2024
- USPP market stands up to retain Australasian issuer relevance
- The KangaNews women in New Zealand capital markets roundtable
- Perspectives from the ANZ-KangaNews New Zealand Capital Market Forum 2024
- New Zealand retail a model of consistency
- The European private credit opportunity
Issuer name: Queensland Treasury Corporation
Issuer rating: AA+/Aa1
Issue rating: as issuer
Pricing date: January 29 2016
Settlement date: February 5 2016
Maturity date: July 21 2026
Lead managers: ANZ, Deutsche Bank, Westpac Institutional Bank
Volume: A$1.1 billion (US$780 million)
Total outstanding in this line: A$2.85 billion
Coupon type: fixed
Coupon rate: 3.25%
Issue/re-offer price: 99.254% (plus 0.134% accrued)
Issue yield: 3.335%
Margin to ACGB: 66.25bp/April 2026
Issuer's previous syndicated issue date: October 27 2015
Previous issue maturity: July 21 2026
Previous issue volume: A$1.75 billion
Previous issue margin: 63bp/ACGB
On September 2, SGSP Australia Assets (SGSP) (BBB+/A3) mandated a series of debt investor meetings in Melbourne, Sydney, Singapore, Hong Kong, London and Frankfurt in the week commencing September 7. According to the meetings' arrangers Commonwealth Bank, Deutsche Bank, HSBC, Mizuho Securities, National Australia Bank and Westpac Institutional Bank, the issuer is "exploring funding opportunities across a range of markets".
Read more: SGSP prepares to update Australian, Asian and European investors
