Massive upsize for CommBank's guaranteed tranche
- Thursday, 11 December 2008
The government guaranteed 2013 maturity tranches of the deal priced by Commonwealth Bank of Australia (AA/Aa1) (CommBank) on December 10 were upsized to an unprecendented combined A$2.2 billion (US$1.45 billion) while the unguaranteed 2011 line the issuer brought at the same time achieved its A$500 million target.
