Aurizon
ESG nuance works for Aurizon Network in domestic market return
In pursuit of maintaining its domestic bond curve, Aurizon Network returned to the Australian dollar market for the first time in four years. The issuer reveals that the deal enjoyed abundant demand – which it ascribes to emerging understanding of nuance in sustainability as well as the ongoing positive backdrop for credit supply.
Aurizon prints A$350 million 7.5-year bond
Aurizon launches 7.5-year bond
Aurizon taking IOIs 7.5-year benchmark bond
Aurizon mandates leads for benchmark Australian dollar bond
Resilience to the fore in corporate Australia – in funding as in business
The KangaNews-Westpac Institutional Bank Corporate Debt Summit 2023 took place in Sydney in mid-October. A record number of delegates gathered to discuss the present and future of the Australian corporate environment, from the economic outlook and business conditions to the forthcoming impact of generative AI. In the mix was a steady but unspectacular corporate bond issuance environment that belies fundamental growth in domestic credit.