AGL Energy (AGL) (BBB) set the margin on its retail hybrid offer on March 7, finalising offer volume at A$650 million (US$686.7 million) in a security with a seven-year term to redemption date. The issuer widened the offer margin from an indicative 340-360 basis points over bank bill swap rate (BBSW) to 380 basis points over BBSW.
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