DWPF tops up its June 2025 domestic line [UPDATED]

On September 29, Dexus Wholesale Property Fund (DWPF) (A by S&P) printed a A$65 million (US$49.8 million) increase to its June 2025 maturity domestic line. Initial price guidance on the tap was 165 basis points over semi-quarterly swap, the transaction's lead manager – Westpac Institutional Bank – revealed earlier on September 29. According to KangaNews data, the June 2025 line was introduced in June last year for volume of A$50 million and pricing of 155 basis points over swap.