Mirvac launches 8.5-year Australian dollar deal

On 11 March, Mirvac Group Finance (A3/A-), the financing entity of Mirvac Group, launched a new 8.5-year, Australian dollar denominated, benchmark transaction. Indicative price guidance for the deal, which is expected to price on the day of launch, is 125-130 basis points area over semi-quarterly swap. ANZ and Commonwealth Bank of Australia are leading.