On 27 November, GAIF Bond Issuer (BBB+/Baa1), the financing entity of Goodman Australia Industrial Partnership (GAIP), mandated ANZ, HSBC and National Australia Bank to arrange a series of investor calls beginning 30 November regarding a potential seven-year or longer, Australian dollar denominated, benchmark transaction.
On 26 November, Precinct Properties revealed it has established a sustainable debt framework which will allow it to issue green bonds and loans to fund low-carbon buildings within its property portfolio. Precinct’s existing retail bonds will be covered under the framework. ANZ acted as green-bond coordinator for the programme and independent assurance has been provided by EY.
On 26 November, NBN Co (A1/AA) launched an Australian dollar denominated, five-year, senior-unsecured transaction. Indicative price guidance for the forthcoming deal is 80-85 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank.