WATC prices new A$600 million December 2017 FRN line [UPDATED]
- Thursday, 05 December 2013
On December 5, Western Australian Treasury Corporation (WATC) (AA+/Aaa) priced a new four-year floating rate note (FRN) domestic transaction. According to KangaNews data, WATC priced its previous syndicated domestic deal on November 12, a six-year FRN issue with a volume of A$500 million (US$496.8 million) and pricing of 21 basis points over three-month bank bill swap rate.
