Caltex advances bookbuild as retail momentum builds againContinuing demand for retail fixed income transactions in Australia allowed Caltex Australia (Caltex) to bring forward the bookbuild date for its subordinated notes offer to August 3 – from August 8 – and to nearly double the size of the offer at the tighter end of its indicative pricing range. Caltex allocated A$525 million (US$555.1 million) through its bookbuild, at a margin of 450 basis points over bank bills.
Latest Issue 2013 May
Asset allocation innovations. Corporates in focus: offshore funding and equity credit hybrids. RBNZ on the pourpose of OBR. Plus news, commentary, market analysis and deal data.