CCB Sydney launches three-year domestic benchmark transaction
- Monday, 17 June 2019
On 17 June, China Construction Bank Sydney Branch (CCB Sydney) (A/A1/A) launched a new, three-year, senior-unsecured domestic benchmark floating-rate note (FRN) deal. Indicative price guidance for the forthcoming transaction is 98 basis points area over three-month bank bills. Pricing is expected the day after launch, according to joint lead managers ANZ, Bank of China, CCB, Commonwealth Bank of Australia and HSBC.
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