BWP Trust launches A$50 million April 2026 increase

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.