Wells Fargo & Company (Wells Fargo) (A/A2/AA-) priced a new, Australian dollar senior-unsecured global transaction on 19 April. Initial price guidance was 115 basis points over semi-quarterly swap and bank bill swap rate (BBSW) on the transaction’s five-year tranches and 140-145 basis points area over swap and BBSW on its 10-year tranche.
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