Downer Group Finance (Downer) – the issuing entity of Downer EDI (BBB-) – priced a new issue of five-year maturity Australian dollar notes on May 22 in the issuer's first domestic public bond transaction since 2009. The transaction also suggests growing momentum in the Australian dollar market for lower triple-B rated issuers: according to KangaNews data it is the fourth such deal to launch so far this year following just one in full-year 2012.

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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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