SAFA reveals plans for syndicated increase to May 2028 line
- Thursday, 01 November 2018
On 1 November, South Australian Government Financing Authority (SAFA) revealed its intention to undertake a syndicated increase of its May 2028 select line during the first half of November. The transaction will be for up to A$1 billion (US$707.6 million) and will be led by Commonwealth Bank of Australia, Citi, RBC Capital Markets and Westpac Institutional Bank.
HIGH-GRADE ISSUERS YEARBOOK 2023
The ultimate guide to Australian and New Zealand government-sector borrowers.
Related news
Auckland Council’s Kangaroo return marks step-up in Australian ambitions
Auckland Council significantly increased the volume of its latest Kangaroo transaction, offering benchmark size in a more widely distributed transaction for the first time. The issuer says it hopes to expand its Australian dollar investor base over time, with the issuer motivation originating in a larger funding task.
