Rabobank Australia launches minimum A$300 million five-year domestic deal

On 18 January, Coöperatieve Rabobank Australia Branch (Rabobank Australia) (A+/Aa2/AA-) launched a minimum A$300 million (US$239.3 million) five-year domestic deal to be issued in either or both of fixed- and floating-rate formats. Indicative price guidance on the forthcoming transaction is 82 basis points area over swap benchmarks.

Pricing is expected on or before 19 January, according to lead managers Commonwealth Bank of Australia, National Australia Bank and UBS.