On 28 May, Spark Finance (A- by S&P) launched a new six-year, Australian dollar denominated transaction. The forthcoming deal is being marketed at 155 basis points area over semi-quarterly swap and is expected to price on the day of launch. ANZ and Westpac Institutional Bank are leading.
BWP Management, the responsible entity for BWP Trust (A-/A3), launched a capped A$50 million (US$32.7 million) increase to its April 2026 line on 26 May. The forthcoming deal, which is expected to price on the day of launch, is being marketed at 185 basis points area over semi-quarterly swap. Commonwealth Bank of Australia is leading.