ME Bank prices a new domestic tier-two transaction [UPDATED]
- Wednesday, 20 August 2014
On August 19, ME Bank (BBB+/A3) priced a new A$300 million (US$278.8 million) - upsized from A$150 million at launch - tier-two floating-rate transaction following a series of domestic investor updates the preceding week. This is the second issue of new-style tier-two securities from an Australian bank outside the big four.
