On December 1, Newcastle Permanent Building Society (NPBS) (BBB+/A2) printed A$70 million (US$51.8 million) in a new September 2018 floating-rate note (FRN). According to KangaNews data, the deal is NPBS's third public domestic transaction of 2016, having printed A$200 million in a three-year FRN in March and a A$110 million tap to its April 2020 line in July.

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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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