TransGrid launches 10-year domestic transaction
- Tuesday, 15 September 2020
On 15 September NSW Electricity Networks Finance, the financing entity of TransGrid (Baa2), launched a new 10-year, Australian dollar denominated, benchmark transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 185-190 basis points area over semi-quarterly swap. Commonwealth Bank of Australia and National Australia Bank are leading.
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