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AMP Life taking indications of interest for 15NC5 tier-two FRN

Monday, 30 November 2020

On 30 November, AMP Life (A-/A3), part of the Resolution Life Group, began taking indications of interest for its new Australian dollar denominated, 15-year non-call five-year (15NC5), tier-two, benchmark, floating-rate note (FRN) transaction. The deal is being marketed at 350 basis points area over three-month bank bills and is expected to launch this week.

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