UED prints A$300 million seven-year senior deal
- Wednesday, 22 January 2025
Issuer name: United Energy Distribution
Issuer rating: A- (S&P)
Pricing date: 22 January 2025
Settlement date: 3 February 2025
Lead manager: ANZ, Commonwealth Bank of Australia, Westpac Institutional Bank
Transaction type: senior-unsecured bond
Volume: A$300 million (US$188 million)
Maturity date: 3 February 2032
Coupon rate: 5.417%
Re-offer price: par
Re-offer yield: 5.417%
Margin: 125bp/s-q swap
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