APPF Retail mandates banks for a seven-year domestic deal
- Wednesday, 10 May 2017
Lendlease Real Estate Investments as responsible entity of Australian Prime Property Fund Retail (APPF Retail) (A+ by S&P) revealed on 10 May that it has mandated a potential seven-year domestic deal. Initial price talk is in the area of 130 basis points over semi-quarterly swap.
Commonwealth Bank of Australia and National Australia Bank are leading the forthcoming transaction, which is expected to launch on 11 May.