Global Switch Property (Australia) (Global Switch) priced its inaugural seven-year A$100 million (US$89.2 million) Australian domestic deal on December 12, shortly after it visited the sterling market with a £350 million (US$569.6 million) nine-year deal on December 4. The borrower tells KangaNews it had always planning to issue in the two markets to both increase investor diversification and match its capital requirements.
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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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