Lloyds TSB Australia nets A$1.85 billion in new 2014 [UPDATED]

Lloyds TSB Bank Australia Branch (Lloyds TSB Australia) (A+/Aa3/AA-) priced a new 3.5-year senior unsecured domestic deal on March 24 in what was the issuer's second domestic transaction in its current incarnation. The deal launched a day earlier and one day after the bank's parent company launched what is believed to be the first ever Kangaroo residential mortgage-backed securities deal.