Post-deal insights: big oversubscription supports SGSPAA's optimism about Reg S investor base

Following its July 19 Reg S dollar transaction, SGSP Australia Assets (SGSPAA)'s says the participation of a broad investor base was especially encouraging and flags its desire to continue to expand its issuer profile among this investor subset. SGSPAA returned to the Reg S market, after a four-year hiatus, with the pricing of US$500 million of 10-year notes from a book of more than seven times final volume.