Credit Suisse Sydney Branch (Credit Suisse Sydney) (A/A1/A) priced a new five-year Australian dollar benchmark transaction on July 10. According to KangaNews data, the transaction is the first time the borrower has visited the market since August 2010 when it priced a A$600 million (US$564.7 million) five-year floating-rate note deal. That transaction had pricing of 158 basis points over bank bill swap rate.