Lend Lease diversifies its funding base with first-ever domestic issue
- Tuesday, 07 May 2013
Lend Lease Group (Lend Lease) issued its first-ever domestic bond issue in the Australian market late last week, citing a desire to diversify its funding base and a match with its maturity profile needs as the motivation for selecting Australian dollar issuance over appealing options elsewhere. The issuer says the transaction was met with strong demand and more AUD issuance is likely in order to fill further funding requirements.
