On 19 September, Svenska Handelsbanken (AA-/Aa2/AA) launched a new, five-year senior-unsecured Kangaroo deal, to come in either or both fixed- and floating-rate formats. Indicative price guidance for the forthcoming transaction is 100 basis points area over swap benchmarks. Pricing is expected on or before the day after launch, according to lead managers Citi, TD Securities, UBS and Westpac Institutional Bank.
National Australia Bank (NAB) (AA-/Aa3/AA-) launched a new, benchmark five-year senior-unsecured domestic deal on 18 September. The self-led transaction is being marketed at 94 basis points area over swap benchmarks and is expected to price on the day of launch.