Judo Bank prints three-year Australian-dollar bond

Thursday, 15 September 2022

Issuer name: Judo Bank
Issuer rating: BBB- (S&P)
Issue rating: as issuer
Pricing date: 15 September 2022
Settlement date: 26 September 2022
Maturity date: 26 September 2025
Lead managers: ANZ, Barrenjoey, Citi, Westpac Institutional Bank

Transaction type: senior-unsecured medium-term note
Volume: A$175 million (US$118.1 million)
Total outstanding in the line: A$175 million
Coupon type: fixed
Coupon rate: 6.4% semi-annually
Issue/re-offer price: 99.876%
Issue yield: 6.4460% semi-annually
Margin: 265bp/s-q swap