NBN Co launches five-year domestic transaction

On 26 November, NBN Co (A1/AA) launched an Australian dollar denominated, five-year, senior-unsecured transaction. Indicative price guidance for the forthcoming deal is 80-85 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank.