Real money momentum helps CommBank quadruple its unguaranteed 2014 [UPDATED]
- Wednesday, 08 July 2009
The most active Australian borrower in the unguaranteed arena, Commonwealth Bank of Australia (CommBank) (AA/Aa2/AA), priced the first five-year maturity unguaranteed transaction from a domestic Australian bank for almost a year on July 7, with the issuer saying real money demand drove an upsize from A$500 million (US$397 million) at launch to A$2 billion.
