Telstra prices A$500 million five-year domestic [UPDATED]

Telstra Corporation (Telstra) (A/A2/A) priced a new five-year Australian dollar transaction on November 8, in what is the firm's first domestic transaction of the year and just its second benchmark-sized AUD deal since 2005. The firm has had a more positive outlook on the Australian dollar market in recent times, having completed its largest-ever deal in the market – for A$750 million (US$714.6 million) – in November 2012.