ARTC returns to domestic market with new oversubscribed three-year [UPDATED]

Australian Rail Track Corporation (ARTC) (Aa2) launched and priced a new domestic deal on December 1, taking its target volume of A$200 million (US$205 million). The floating rate three-year deal was oversubscribed and priced in line with indicative pricing of 130 basis points over the bank bill swap rate.