Aurizon launches seven-year Australian dollar deal

On 2 March, Aurizon Finance, the financing entity of Aurizon Operations (BBB+/Baa1), launched a new seven-year, Australian dollar denominated transaction. Indicative price guidance for the deal, which is expected to price on the day of launch, is 190 basis points area over semi-quarterly swap. MUFG Securities, National Australia Bank and SMBC Nikko are leading.