Charter Hall LWR launches dual-tranche benchmark transaction

On 22 February, Charter Hall LWR (Baa1) launched an Australian dollar denominated benchmark transaction, offered in either or both seven- and 10-year tenors. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 120-125 and 140-145 basis points area over semi-quarterly swap. National Australia Bank and Westpac Institutional Bank are leading.