CBA sets margin and upsizes PERLS XIII AT1 deal
- Friday, 26 February 2021
On 26 February, Commonwealth Bank of Australia (CBA) completed the bookbuild for its additional tier-one (AT1) capital deal, PERLS XIII. The margin has been set at 275 basis points area over three-month bank bills, the tight end of the indicative price guidance, and upsized the volume to A$1 billion (US$776.9 million) from A$750 million.
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