AMP finalises trans-Tasman LTII at wider end of margin range
- Thursday, 12 March 2009
AMP (A/A2) has set the margin on its AMP Notes (A-/A3) lower tier two (LTII) deal at the wider end of its indicative range and expects to allocate the initial guidance volume of A$300 million (US$193.8 million) in the transaction. Lead managers say the transaction will achieve its intended goal and could pave the way for further retail distribution of debt securities in Australia.
