Uniting Financial Services taking indications of interest for debut 10NC5 SDG FRN deal

On 4 December, Uniting Financial Services began taking indications of interest for its debut 10-year non-call five-year (10NC5), Australian-dollar denominated, subordinated, floating-rate note (FRN), sustainable development goals (SDG) transaction. The deal is being marketed at 325 basis points area over three-month bank bills and is expected to launch in the near future, according to lead manager ANZ.