Suncorp launches wholesale subordinated-notes deal
- Wednesday, 29 August 2018
Suncorp Group (Suncorp) (A/A2/A+) launched its Australian dollar denominated, 10.25-year non-call 5.25-year, wholesale subordinated-notes transaction on 29 August. Indicative price guidance for the forthcoming deal is 220-225 basis points area over three-month bank bills. The notes are expected to be rated BBB+/A-.
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