Suncorp prints A$350 million in a new curve-extending domestic covered bond [UPDATED]
- Tuesday, 16 August 2016
Suncorp-Metway (Suncorp) (A+/A1/A+) printed a new, domestic covered bond with a 10-year maturity on August 16. According to KangaNews data, the A$350 million (US$268.1 million) deal is the issuer's first covered-bond transaction of more than five-year tenor; it has sold A$3.65 billion (US$2.8 billion) of three- and five-year domestic covered bonds since its 2012 debut issue.
