Granular book underpins Telstra's domestic return

On November 8 Telstra Corporation (Telstra) (A/A2/A) returned to the domestic market with a new five-year, A$750 million (US$779.9 million) benchmark line. Lead managers say the deal – which was upsized from a launch volume of A$500 million – was supported by a strong international bid and numerous domestic accounts.