AsA returns to domestic market with A$200 million five-year

Airservices Australia (AsA) (AAA) priced the first Australian non-financial corporate transaction since early July on October 26, placing A$200 million (US$208 million) in a new five-year bond. The deal, which priced at 110 basis points over swap, attracted what lead manager sources call "encouragingly broad-based demand" from a number of real money investors, which enabled the transaction to be upsized from a A$100 million launch volume.