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On 3 December, International Finance Corporation (IFC) (AAA/Aaa) launched a A$25 million (US$18.5 million) increase to its February 2031 Kangaroo line. The forthcoming deal is being marketed at 30 basis points area over semi-quarterly swap, equivalent to 26.1 basis points area over Australia Commonwealth government bond. Nomura is leading.

On 3 December, Avanti Finance (BB by S&P) launched a new A$25 million (US$18.5 million), four-year, Kangaroo transaction. The deal is being marketed with an indicative coupon of 5.75 per cent and is expected to price on the day of launch. National Australia Bank is leading.

Ampol became the latest Australian borrower to tap the hybrid debt market, on 30 November. The issuer says the transaction had been on the cards since late 2019 and that it drew strong support from an investor base that was largely familiar with issuance under its previous guise of Caltex Australia.

GAIF Bond Issuer (BBB+/Baa1), the financing entity of Goodman Australia Industrial Partnership (GAIP), launched a new domestic, eight-year, benchmark transaction on 2 December. The forthcoming deal, which is expected to price on the day of launch, is being marketed at 130 basis points area over semi-quarterly swap. ANZ, HSBC and National Australia Bank are leading.

On 2 December, Macquarie Bank (A+/A2/A) launched a new Australian dollar denominated, five-year, senior-unsecured, benchmark transaction, offered in either or both fixed- and floating-rate note formats. Indicative price guidance for the deal is 52 basis points area over swap benchmarks.

On 1 December, Macquarie Bank (A+/A2/A) revealed plans for a new Australian dollar denominated, five-year, senior-unsecured benchmark transaction, offered in either or both fixed- and floating-rate note formats. ANZ, Commonwealth Bank of Australia, Macquarie Bank, National Australia Bank, SMBC Nikko and Westpac Institutional Bank are leading.