Liberty Financial (Liberty) (BBB- by S&P) launched a minimum A$100 million (US$67.4 million) 3.5-year senior-unsecured floating-rate note (FRN) deal on 29 August, with indicative price guidance of 265 basis points area over three-month bank bills. Pricing is expected on the day of launch, according to lead managers Deutsche Bank, National Australia Bank and Westpac Institutional Bank.