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UBS Australia launches multi-tranche Australian dollar deal

Wednesday, 22 July 2020

On 22 July, UBS Australia Branch (A+/Aa3/AA-) launched a new multi-tranche, Australian dollar denominated, senior-unsecured, benchmark transaction. The forthcoming deal is offered in a three-year floating-rate note (FRN) and at five-year tenor in either or both fixed and FRN format. Indicative price guidance is, respectively, 75-80 and 95-100 basis points over swap benchmarks.

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