Commonwealth Bank of Australia
The circumstances of 2020 have put particular pressure on corporate treasuries. Where the financial crisis was spawned – and, in Australia’s case, largely remained – in financial markets, COVID-19 rapidly developed from a public-health emergency into the greatest shock the real economy has seen in lifetimes.
On 22 September, Thinktank Group mandated Commonwealth Bank of Australia, Deutsche Bank and Westpac Institutional Bank to arrange a series of investor calls beginning 24 September regarding a potential Australian dollar, SME commercial and residential mortgage-backed securities transaction.
The COVID-19 crisis is having a profound impact across economies, markets and societies. ANZ and KangaNews, in association with Women in Banking and Finance, hosted business and market leaders to talk through the response so far and the wide-reaching nature of future changes.
On 22 September, Qantas Airways (Baa2) launched a A$50-150 million (US$36.1-108.2 million) increase to its October 2026 line. Indicative price guidance for the deal, which is expected to price on the day of launch, is 385 basis points area over semi-quarterly swap. Citi, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank are leading.
The Australian securitisation industry has been at the front line of market evolution, from its position at the eye of the financial-crisis storm to the proactive role played by the Australian Securitisation Forum (ASF)’s Women in Securitisation (WIS) subcommittee.
WOMEN IN CAPITAL MARKETS Yearbook 2020
KangaNews's first-ever yearbook amplifying female voices in the Australian capital market.