ANZ prices A$600 million domestic tier-two deal [UPDATED]

On November 6, ANZ Banking Group (ANZ) (AA-/Aa2/AA-) priced a new Australian dollar tier-two issue. According to KangaNews data, the self-led deal is the second major-bank tier-two transaction in Australia this year, after National Australia Bank (NAB) printed A$1.1 billion (US$793.1 million) of 10-year non-call five bonds at 185 basis points over bank bill swap rate (BBSW) in March.