Peet launches new 2026 FRN domestic deal

On 25 May, Peet (NR) launched a new, September 2026, A$75 million (US$58.2 million) floating-rate note (FRN) transaction. Indicative price guidance for the deal is 500-525 basis points area over three-month bank bills, according to sole lead manager National Australia Bank. Pricing is expected on the day after launch.