GPT Wholesale Shopping Centre Fund launches 10-year domestic deal

On 22 February, GPT Wholesale Shopping Centre Fund (A-/S&P) launched a minimum A$100 million (US$78 million) 10-year senior-unsecured domestic transaction. The forthcoming deal is being marketed at 160 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers Commonwealth Bank of Australia and National Australia Bank.