Heartland prints A$30 million tap to July 2024 note

Issuer name: Heartland Australia
Issuer rating: BBB- (Fitch)
Issue rating: as issuer
Pricing date: 9 August 2022
Settlement date: 16 August 2022
Maturity date: 9 July 2024
Lead managers: Westpac Institutional Bank 

Transaction type: senior-unsecured 
Volume: A$30 million (US$21 million)
Total outstanding in the line: A$75 million
Coupon type: FRN
Coupon rate: 3m BBSW +200bp
Issue/re-offer price: 97.764 (clean)
Margin to swap: 325bp/3m BBSW