Suncorp-Metay (Suncorp) (A+/A1/A+) revealed on 14 August that it has launched a minimum A$100 million (US$79.2 million) increase to its August 2026 domestic covered bond. The forthcoming tap issue is being marketed at 110 basis points area over semi-quarterly swap and is expected to be rated Aaa/AAA by Moody’s Investors Service/Fitch Ratings, according to lead managers ANZ and Deutsche Bank.
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