ME Bank (BBB/Baa1) launched a minimum A$200 million (US$153.2 million) senior-unsecured deal on 1 November. Indicative price guidance on the three-year floating-rate note (FRN) transaction is 130 basis points area over three-month bank bills. Commonwealth Bank of Australia, National Australia Bank and UBS are leading, with pricing expected the same day as launch.
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