Suncorp taps sterling as Macquarie readies its first domestic GG deal

On February 18 Suncorp-Metway (A/Aa3) (Suncorp) tapped the £550 million (US$784.5 million) 4 per cent January 2014 government-guaranteed bond it first issued on January 11, bringing the total on issue to £750 million. The increase was led by the same group that brought the inaugural bond – Citigroup, Deutsche Bank and RBC Capital Markets (RBCCM).