UBS Australia prints A$2.75 billion multi-tranche senior-unsecured transaction
- Thursday, 23 July 2020
investing with impact Yearbook 2019
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
financial institution YEARBOOK 2019
The annual guide to the most important bank issuers in the Australian dollar market.
Related news
BNP Paribas touts double impact of equity-index-linked green-bond structure
BNP Paribas’s debut as a Kangaroo green-bond issuer also introduced a globally innovative structure to the local environmental, social and governance (ESG) market. The transaction, which priced on 3 August, is a standard use-of-proceeds green bond that also rewards investors for the outperformance of a new forward-looking climate-transition equity index.
KangaNews Fixed-Income Research Poll 2020: results announced
KangaNews is pleased to announce the results of its 10th annual Fixed-Income Research Poll. The survey polls the opinions of institutional investors in the Australian fixed-income market on the research they receive across a range of sectors. This year’s results include a new winner in the coveted best overall provider category.
UBS Australia launches multi-tranche Australian dollar deal
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.
Ticket to the ghost train
Investors are adjusting to a new normal in the Australian high-grade market as conditions settle after March’s turmoil. Reserve Bank of Australia (RBA) bond purchases slowed to a halt by the mid-way point of the year, but investors say its presence is still bringing stability and creating opportunities.