Macquarie Bank launches five-year senior-unsecured deal
- Wednesday, 02 December 2020
On 2 December, Macquarie Bank (A+/A2/A) launched a new Australian dollar denominated, five-year, senior-unsecured, benchmark transaction, offered in either or both fixed- and floating-rate note formats. Indicative price guidance for the deal is 52 basis points area over swap benchmarks.
WOMEN IN CAPITAL MARKETS Yearbook 2020
KangaNews's first-ever yearbook amplifying female voices in the Australian capital market.
investing with impact Yearbook 2019
KangaNews is proud to share cutting-edge information from the global and Australasian sustainable debt market.
financial institution YEARBOOK 2019
The annual guide to the most important bank issuers in the Australian dollar market.
Related news
Australian Unity MCI to help it expand and deliver on purpose
Australian Unity issued Australia’s first-ever mutual capital instrument (MCI) on 24 December 2020. The A$120 million (US$93 million) perpetual security came nearly two years after enabling legislation passed in federal parliament. Adam Vise, the issuer’s Melbourne-based group treasurer, discusses the impetus for and mechanics of the transaction.
Westpac launches domestic 10NC5 tier-two deal
On 21 January, Westpac Banking Corporation (AA-/Aa3) launched a new self-led, Australian dollar denominated, 10-year non-call five-year (10NC5), tier-two, benchmark transaction. Offered in either or both fixed- and floating-rate note formats, and expected to be rated BBB+/Baa1, the deal is being marketed at 165 basis points area over swap benchmarks. Pricing is anticipated on the day of launch.
Westpac announces domestic 10NC5 tier-two deal
On 20 January, Westpac Banking Corporation (AA-/Aa3) revealed plans for a potential self-led, Australian dollar denominated, 10-year non-call five-year (10NC5), tier-two, benchmark transaction. Offered in either or both fixed and floating-rate note formats, the notes are expected to be rated BBB+/Baa1.