On 22 June, Brisbane Airport (BBB/Baa2) began taking indications of interest for a new Australian dollar denominated transaction, offered in either or both six- and 10.5-year tenor. Indicative price guidance for the six-year tranche is 300-325 basis points area over semi-quarterly swap, while the 10.5-year tranche, which is proposed in either fixed or floating-rate note format, is 400-415 basis points area over swap benchmarks.
