On 22 July, QPH Finance (BBB by S&P), the financing entity of Port of Brisbane, launched a new Australian dollar denominated, benchmark transaction, offered in seven- and 10.5-year tenor. Indictive price guidance for the forthcoming deal is, respectively, 210 and 240 basis points area over semi-quarterly swap. Pricing is expected on the day of launch, according to lead managers ANZ, MUFG Securities and Westpac Institutional Bank.