NPBS launches January 2022 FRN tap
- Friday, 17 August 2018
On 17 August, Newcastle Permanent Building Society (NPBS) (BBB/A3) launched a minimum A$50 million (US$36.3 million) increase to its January 2022 senior-unsecured floating-rate note (FRN), with indicative price guidance of 135 basis points area over three-month bank bills. Pricing is expected on the day of launch, according to lead manager ANZ.
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