Sumitomo Mitsui Banking Corporation Sydney Branch (SMBC Sydney) (A+/Aa3/A-) priced a new Australian dollar transaction on February 19, in the bank's second-ever domestic deal and its first since 2007. The transaction is the second of 2013 from an Asian bank's Australian branch, following Industrial and Commercial Bank of China Sydney Branch's A$650 million (US$673.4 million) three year which priced on February 5.
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