SMFG launches five-year dual-tranche Australian dollar Reg S benchmark deal
- Wednesday, 09 October 2019
On 9 October, Sumitomo Mitsui Financial Group (SMFG) (A-/A1) launched a new five-year Australian dollar denominated, Reg S benchmark transaction, offered in either or both fixed- and floating-rate format. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 128 basis points area over swap benchmarks.
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