Ausgrid

Friday, 31 July 2020

Ausgrid sees, and exploits, window of opportunity

Ausgrid Finance returned to the Australian dollar market for only its second domestic transaction, on 29 July. The issuer says it saw a window of opportunity to refinance debt ahead of schedule and moved quickly to take advantage of conducive issuance conditions.

Tuesday, 28 July 2020

Ausgrid launches domestic benchmark transaction

On 29 July, Ausgrid Finance (BBB/Baa1) launched its new Australian dollar denominated, benchmark transaction, offered in either or both a 3.5-year floating-rate note and a 6.5-year fixed-rate line. Indicative price guidance for the forthcoming deal is, respectively, 115-120 and 145 basis points area over swap benchmarks.

Tuesday, 28 July 2020

Ausgrid taking indications of interest for domestic benchmark deal

On 28 July, Ausgrid Finance (BBB/Baa1) began taking indications of interest for an Australian dollar denominated, benchmark transaction. The potential offer includes either or both a 3.5-year floating-rate note and a 6.5-year fixed-rate line. Initial price thoughts are, respectively, 120 and 150 basis points area over swap benchmarks. MUFG Securities, National Australia Bank and UBS are leading.

Thursday, 23 July 2020

Ausgrid exploring Australian dollar deal

Ausgrid Finance (BBB/Baa1) mandated MUFG Securities, National Australia Bank and UBS to arrange a series of investor calls in the week beginning 27 July regarding a potential Australian dollar denominated benchmark transaction on 24 July. Ausgrid is considering a 6.5-year fixed-rate line and a shorter-dated floating-rate note.

Tuesday, 03 December 2019
Dec/Jan 2019/2020

KangaNews Awards 2019: winners announced

KangaNews is proud to present the winners of the institutional and deal categories in the KangaNews Awards 2019. After an extensive voting and verification process, KangaNews can confidently say its results reflect a true market view on the outstanding performers of 2019 in the Australian and New Zealand debt markets.

View all Ausgrid news