BEN plans 10NC5 tier-two deal
- Wednesday, 21 November 2018
On 21 November, Bendigo and Adelaide Bank (BEN) (BBB+/A3/A-) mandated ANZ, National Australia Bank, Nomura and Westpac Institutional Bank for an Australian dollar denominated 10-year non-call five-year (10NC5) tier-two floating-rate deal. The transaction is expected to be rated BBB-/Baa3/BBB+ and will launch in the near future.
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