Retail in focus as ANZ upsizes first public big four sub deal since 2008 [UPDATED] E-mail
Tuesday, 14 February 2012 20:02
ANZ Banking Group (ANZ) (AA-/Aa2/AA-) increased the size of its new subordinated transaction on February 20, allocating A$1.5 billion (US$1.6 billion) to the bookbuild or A$1 billion more than the initial minimum target volume. The issuer also set the transaction margin at 275 basis points over bank bill swap rate (BBSW), the tightest end of its 25 basis point indicative range.
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Last Updated on Tuesday, 21 February 2012 16:31
 

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