NEXTDC launches increase to June 2022 notes

On 3 June, NEXTDC (NR) launched an aggregate A$150-200 million (US$104-138.6 million) tap to either or both of its fixed- and floating-rate June 2022 notes. The fixed-rate notes have an indicative yield of 4.918 per cent, while the floating-rate note tap is being marketed at 375 basis points area over three-month bank bills. National Australia Bank is sole lead arranger and bookrunner.