SCT Logistics (NR) launched a new unrated senior-unsecured issue in the Australian market on June 15. The issuer is seeking to raise A$75-85 million (US$58.0-65-7 million) from the dual-tranche deal. According to KangaNews data, if the transaction prices at the top end of this estimate it will be the largest unrated bond issue in the local market. In September last year, 360 Capital Investment Management (NR) priced A$75 million in a five-year issue.
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