Endeavour Energy launches new seven-year domestic benchmark
- Tuesday, 28 November 2017
Network Finance Company, the financing entity of Endeavour Energy (Baa1) launched a new seven-year Australian dollar denominated benchmark transaction on 28 November. The deal will be in either or both of fixed- and floating-rate formats, with indicative price guidance of 127 basis points area over swap benchmarks. Pricing is expected the day after launch according to joint lead managers Commonwealth Bank of Australia and Mizuho Securities.
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