AMP’s new Australian dollar tier-two progresses to launch
- Wednesday, 23 August 2017
The 10.25-year non-call 5.25-year Australian dollar tier-two deal for AMP progressed to launch on 23 August. The forthcoming transaction, which has an expected rating of BBB by S&P Global Ratings, is being marketed in the area of 190-200 basis points over three-month bank bill swap rate, according to joint lead managers National Australia Bank, UBS and Westpac Institutional Bank.
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