Full pricing details on Australia Post's new A$280 million dual-tranche domestic deal [UPDATED]
- Friday, 25 November 2016
Australian Postal Corporation (Australia Post) (AA- by S&P) printed A$280 million (US$207.3 million) in a new, dual-tranche Australian dollar deal, on November 24. The 10-year tranche was upsized to A$180 million from a launch volume of A$100 million and the A$100 million five-year tranche priced at 100 basis points over three-month bank bill swap rate - tightened from guidance of 105-110 basis points.
