Lend Lease prices dual tranche debut [UPDATED]

On May 3, Lend Lease Group priced a new dual tranche deal in the Australian market, the issuer's first-ever domestic bond issue. The company has previously issued in Australia through offshore entity Lend Lease (US) Finance, but not since it placed a six-year Kangaroo deal with a volume of A$500 million (US$512.62 million) in November 1999.