Suncorp launches minimum A$250 million August 2022 FRN tap
- Wednesday, 24 October 2018
On 24 October, Suncorp-Metway (Suncorp) (A+/A1/A+) launched a minimum A$250 million (US$177.1 million) increase to its August 2022 floating-rate note (FRN). The forthcoming deal is being marketed in the area of 90 basis points over three-month bank bills. Pricing is expected on the day of launch, according to lead managers ANZ, RBC Capital Markets and Westpac Institutional Bank.
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