Lloyds launches 5.5-year Australian dollar deal
- Tuesday, 12 September 2017
Lloyds Banking Group (Lloyds) (BBB+/Baa1/A+) launched an Australian dollar-denominated 5.5-year deal on 12 September. Price guidance on the forthcoming transaction, which is expected to emerge in either or both of fixed- and floating-rate format, is in the area of mid 130s basis points over swap benchmarks.
ANZ, National Australia Bank, Nomura, TD Securities and Westpac Institutional Bank are leading.
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