Liberty’s three-year senior deal progresses to launch

The minimum A$100 million (US$74.4 million) three-year, senior-unsecured deal for Liberty Financial (Liberty) (BBB-/S&P) progressed to launch on 24 May. Price guidance is in the area of 325 basis points over semi-quarterly swap, the issuer reveals, with the transaction expected to price on the same day as launch.