BWP Management, the responsible entity for BWP Trust (A-/A3), launched a A$100 million (US$77.4 million), seven-year transaction on 17 March. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 100-105 basis points area over semi-quarterly swap. SMBC Nikko and Westpac Institutional Bank are leading.
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