On 25 March, BWP Management, the responsible entity for BWP Trust (A-/A3) announced plans for a potential new Australian dollar denominated deal. Commonwealth Bank of Australia and Westpac Institutional Bank have been mandated to arrange a conference call with fixed-income investors on 29 March.
On 25 March, Peet (NR) launched a five-year, indicative A$75 million (US$53.1 million) senior-unsecured transaction. The forthcoming deal has an indicative coupon in the area of 6.75 per cent. National Australia Bank is sole lead arranger and bookrunner.
On 22 March, Edith Cowan University (Aa2) revealed plans for a potential new Australian dollar denominated bond transaction. Commonwealth Bank of Australia and National Australia Bank have been mandated to arrange a series of investor meetings in Australia and Hong Kong commencing 28 March.