HSBC Sydney three-year FRN progresses to launch
- Wednesday, 31 May 2017
The new, three-year senior-unsecured domestic benchmark deal for HSBC Sydney Branch (HSBC Sydney) (AA-/Aa2) progressed to launch on 31 May. The forthcoming floating-rate transaction, which will be for minimum volume of A$500 million (US$372.9 million), has price guidance in the area of 75 basis points over three-month bank bills.
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