BEN to widen retail funding mix with MTN deal
- Friday, 18 February 2011
Three days after the February 14 publication of its annual results, Bendigo and Adelaide Bank (BEN) (BBB+/A2/BBB+) confirmed its plans to launch a three-year domestic retail bond issue. The transaction will be BEN's retail debut and also its first Australian dollar medium-term note (MTN) issue in any format since the merger of Adelaide Bank and Bendigo Bank in 2007.
