Unrated Seek prints A$175 million five-year FRN

Tuesday, 11 April 2017
Updated

Seek (NR) printed A$175 million (US$131.3 million) of five-year senior-unsecured floating-rate notes on 11 April. The transaction was upsized from indicative A$100 million (US$74.9 million) volume and printed at the tight end of 230-240 basis points area guidance over bank bill swap rate.