MyState launches three-year senior FRN deal

Disclosure type: launch
Issuer name: MyState Bank
Issuer rating: Baa2/BBB+
Expected issue rating: as issuer
Announcement date: 6 October 2022
Expected pricing date: 6 October 2022
Lead managers: Laminar Capital

Transaction type: senior-unsecured bond
Indicative volume: A$50 million (US$32.6 million), with potential to upsize
Tenor: three years
Coupon type: FRN
Price guidance: 130bp/3m BBSW