Credit Suisse launches Australian dollar EMTN transaction

On 1 March, Credit Suisse Group (Credit Suisse) (BBB+/Baa2/A-) launched a senior-unsecured, six-year non-call five Australian dollar EMTN transaction. The forthcoming deal will come in either or both of fixed- and floating-rate formats, and has indicative price guidance of 125 basis points area over swap benchmarks. Pricing is expected on the day after launch.