AusNet launches 60NC5 subordinated transaction
- Thursday, 24 September 2020
On 24 September, AusNet Services (A-/A3) launched an Australian dollar denominated, 60-year non-call five-year (60NC5), subordinated, benchmark transaction, offered in either or both fixed-to-floating- and floating-rate note formats. The forthcoming deal is being marketed at 310-320 basis points area over swap benchmarks and is expected to price on the day of launch.
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