NWB prints A$15 million tap to July 2027 Kangaroo

Friday, 18 August 2017

Issuer name: NWB Bank
Issuer rating: AAA/Aaa
Issue rating: as issuer
Pricing date: 18 August 2017
Settlement date: 25 August 2017
Maturity date: 20 July 2027
Lead manager: Nomura

Volume: A$15 million (US$11.8 million)
Total outstanding in this line: A$180 million
Coupon type: fixed
Coupon rate: 3.5%
Issue/re-offer price: 101.57%
Issue yield: ND
Margin to swap: 65bp/s-q
Margin to ACGB: 74.75bp/April 2027