Ausgrid discloses price guidance on domestic debut

Friday, 20 October 2017

Following the completion of a series of investor meetings, Ausgrid (Baa1) disclosed on 20 October that it is taking indications of interest on a seven-year domestic deal. Mizuho Securities, National Australia Bank and Westpac Institutional Bank have the mandate, which is for fixed- or floating-rate notes with an indicative margin of 130 basis points over swap area.