Rabobank Australia returns with new A$600 million FRN deal [UPDATED]
- Thursday, 23 January 2014
On January 23, Rabobank Nederland Australia Branch (Rabobank Australia) (AA-/Aa2/AA-) priced a new five-year benchmark Australian dollar transaction. The senior-unsecured transaction is the first such domestic AUD deal of the year, but follows closely behind Australia's first wholesale-only issue of tier-two bank debt under Basel III rules, which was priced on January 21 by Bendigo and Adelaide Bank.
