CUA launches one-year senior FRN
- Thursday, 22 November 2018
Credit Union Australia (CUA) (BBB/Baa1) launched a minimum A$100 million (US$72.6 million) one-year floating-rate note (FRN) senior domestic deal on 22 November. The forthcoming deal is expected to price on the same day as launch with price guidance of 75 basis points area over three-month bank bills. National Australia Bank is leading.
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