SGSPAA prints A$350 million in a seven-year domestic deal [UPDATED]

On June 17, SGSP Australia Assets (SGSPAA) (BBB+/A3) launched and priced a new, seven-year Australian dollar issue. Indicative pricing was in the area of 185 basis points over semi-quarterly swap, the tight end of initial 185-190 basis points over semi-quarterly swap guidance that was revealed ahead of launch on June 16.