Mercedes-Benz adds A$25 million to September 2023 EMTN
- Tuesday, 01 September 2020
Issuer: Mercedes-Benz Australia Pacific
Issuer rating: BBB+/A3/BBB+
Issue rating: as issuer
Pricing date: 31 August 2020
Settlement date: 8 September 2020
Maturity date: 8 September 2023
Lead managers: Mizuho Securities, TD Securities, Westpac Institutional Bank
Volume: A$25 million (US$18.4 million)
Total outstanding in the line: A$150 million
Coupon type: fixed
Coupon rate: 1.25%
Issue/re-offer price: 99.856%
Issue yield: 1.299%
Margin to swap: 110bp/s-q
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