Deal and ratings review, week ending 5 May 2017

Asciano Finance netted A$350 million (US$258.2 million) in a new domestic deal during the first week of May. Final pricing on the upsized transaction was 15 basis points inside initial price thoughts. Elsewhere, Treasury Corporation of Victoria revealed it will be back to borrowing, disclosing a A$8.3 billion expected funding task for 2017/18.