QTC prices its second syndicated deal of 2012 [UPDATED]

Queensland Treasury Corporation (QTC) (AA+/Aa1/AA) priced A$750 million in a new bookbuilt transaction on September 19, its second such deal in 2012. The benchmark bond, to mature on July 21 2023, was launched on September 18 and its first following the new state government's inaugural budget and the subsequent downgrade of Queensland by Fitch Ratings.