BEN returns to domestic market with A$600 million FRN [UPDATED]

Bendigo and Adelaide Bank (BEN) (A-/A2/A-) priced a new four-year floating rate note (FRN) issue to the domestic market on May 8 – the bank's first domestic transaction since its three-year senior unsecured line in October 2012 and the second wholesale issue since Bendigo Bank and Adelaide Bank merged in November 2007.