ABN AMRO Bank (ABN AMRO) (A/A2/A+) priced a new benchmark senior-unsecured five-year Australian dollar transaction on April 1. According to KangaNews data, the borrower last visited the Kangaroo market in January 2014. That A$400 million (US$306.1 million) fixed- and A$100 million floating-rate dual-tranche deal had pricing of 135 basis points over semi-quarterly swap and bank bills.
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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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