ETSA Utilities Finance returns to domestic market with new 5.5 year [UPDATED]

On March 22, ETSA Utilities Finance launched and priced a new A$250 million (US$251.3 million) 5.5-year senior unsecured transaction in the Australian market, upsized from a launch size of A$200 million. The deal priced at 135 basis points over swap - 5 basis points tighter than the indicative margin. The deal comes two weeks after ETSA Utilities Finance completed an investor update in Melbourne and Sydney.