Suncorp mandates tier-two FRN

Tuesday, 21 February 2023

Updated

Disclosure type: mandate
Issuer name: Suncorp Group
Issuer rating: A+/A2/A+
Expected issue rating: as issuer
Announcement date: 21 February 2023
Expected launch/pricing date: "may follow, subject to market conditions".
Lead managers: Barrenjoey, Citi, UBS, Westpac Institutional Bank

Transaction type: tier-two subordinated notes
Currency: AUD
Indicative volume: benchmark
Tenor: 15.75NC5.75
Coupon type: FRN
Price guidance: ND