On 21 October, Clearview Wealth (BBB by Fitch) began taking indications of interest for an Australian dollar denominated, 10-year non-call five-year (10NC5), subordinated, floating-rate note (FRN) transaction. The potential deal is being marketed at 600 basis points area over three-month bank bills. National Australia Bank is leading.
Bank of China Sydney Branch (BOC Sydney) (A/A1/A) launched a new three-year, Australian dollar denominated, senior-unsecured, floating-rate note (FRN), benchmark transaction on 20 October. The forthcoming deal is being marketed at 83 basis points area over three-month bank bills.