Australia Post prints A$100 million five-year deal

Thursday, 01 December 2022

Issuer name: Australian Postal Corporation
Issuer rating: A+ (S&P)
Issue rating: as issuer
Pricing date: 1 December 2022
Settlement date: 8 December 2022
Maturity date: 8 December 2027
Lead manager: National Australia Bank

Transaction type: senior-unsecured bond
Volume: A$100 million (US$68.1 million)
Total outstanding in the line: A$100 million
Coupon type: fixed
Coupon rate: 4.9921%
Issue/re-offer price: par
Issue yield: 4.9921%
Margin: 128bp/s-q swap