Endeavour Energy prices A$350 million in long seven-year domestic deal

Wednesday, 28 April 2021

Issuer name: Network Finance Company
Issuer rating: Baa1
Pricing date: 28 April 2021
Settlement date: 5 May 2021
Maturity date: 3 October 2028
Lead managers: ANZ, Bank of China, Commonwealth Bank of Australia

Volume: A$350 million (US$270.9 million)
Total outstanding in the line: A$350 million
Coupon type: fixed
Coupon rate: 2.579%
Issue/re-offer price: par
Issue yield: 2.579%
Margin to swap: 127bp/s-q swap