Goodman taking IOIs for five-year senior deal
- Tuesday, 26 November 2024
WOMEN IN CAPITAL MARKETS Yearbook 2024
KangaNews's annual yearbook amplifying female voices in the Australian capital market.
Related news
Bespoke maturity, curve build-out and pricing come together for ElectraNet
ElectraNet’s return to Australian dollar bond issuance demonstrates the flexibility the local market offers as a key advantage for issuers, lead managers say. The 6.4-year tenor was met with no pushback from investors, reinforcing the availability of bespoke maturities in Australia where other jurisdictions might restrict options to a narrow range of benchmark tenors.
Euro market delivers on price for Ausgrid’s return
Ausgrid’s first deal in the euro market since 2021 refreshed the issuer’s euro curve and also delivered landed cost of funds that the issuer believes to be approximately in line with what would have been achieved from a domestic print. With this marker now in place for Australian corporates in Europe, Ausgrid’s leads suggest follow-on supply is likely.
Bellweather AusNet deal shows investors are hot for hybrids
Australia’s first corporate hybrid transaction of 2025 demonstrates the ongoing bid for higher-yielding paper in the local market, deal sources say – demand that has been heightened by the phase-out of bank additional tier-one supply. Although follow-up supply is likely to be restricted to a handful of names with specific funding and capital needs there is confidence that more issuance in this format will follow.