WestConnex taking indications of interest for 10-year Australian dollar deal

On 22 March, WestConnex Finance began taking indications of interest for a new 10-year, Australian dollar denominated, senior-secured, benchmark transaction. Initial price guidance for the deal is 155 basis points area over semi-quarterly swap. ANZ, Commonwealth Bank of Australia and Mizuho Securities are leading. The notes are expected to be rated BBB+ by S&P Global Ratings.