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Holcim Finance Australia, guaranteed by Swiss-based Holcim (BBB/Baa2/BBB), has priced a new A$200 million (US$207.2 million) 6.5-year fixed rate issue maturing in April 2019. The deal's joint lead arrangers – ANZ, National Australia Bank and RBS Australia – disclosed indicative pricing in the area of 205 basis points over swap on September 25.

On September 24 Asian Development Bank (ADB) (AAA/Aaa/AAA) mandated an increase to its March 2022 Kangaroo bond, which in advance of the forthcoming tap has A$500 million (US$521.5 million) on issue. The new deal will add to the A$1.6 billion of Kangaroos ADB has issued this year, in two transactions.

AUSTRALIAN MARKET AWARDS 2011HOUSE AWARDSAustralian Domestic Primary Market House of the YearANZAustralian Domestic Secondary Market House of the YearANZAustralian Domestic Sovereign/Agency House of the YearUBS Investment BankKangaroo Primary Market House of the YearRBC Capital MarketsKangaroo Secondary Market House of the YearTD SecuritiesAustralian Securitisation House of the YearWestpac Institutional BankSyndicated Loan House of the YearWestpac Banking CorporationOffshore Bond House of the YearJ.P.MorganFX/Derivatives House of the YearDeutsche BankDebt Research House of the YearCommonwealth Bank of AustraliaLaw Firm of the YearMallesons Stephen JaquesRating Agency of the YearStandard & Poor'sDEAL AWARDSAustralian Sovereign/Agency Bond Deal of the YearAustralian Office of Financial ManagementA$3.26 billion 4.75% April 2027Joint lead managers: Citi, Deutsche Bank, UBS Investment BankAustralian Financial Institution Bond Deal of the YearLloyds TSB Bank Australia BranchA$750 million 7.5% October 2014A$1.1 billion October 2014 FRNJoint lead managers: ANZ, J.P.Morgan, National Australia Bank, Royal Bank of Scotland AustraliaAustralian Domestic Corporate Bond Deal of the YearWoolworthsA$500 million 6.75% March 2016Joint lead managers: ANZ, Westpac Institutional BankKangaroo Supranational, Sovereign and Agency Bond Deal of the YearInternational Finance CorporationA$1.25 billion 5% August 2016A$250 million August 2016 FRNJoint lead managers: ANZ, Commonwealth Bank of Australia, Westpac Institutional BankKangaroo Financial Institution Bond Deal of the YearGoldman SachsA$750 million 7.75% November 2016A$500 million November 2016 FRNJoint lead managers: ANZ, Commonwealth Bank of Australia, Goldman Sachs, National Australia Bank, Westpac Institutional BankSecuritisation Deal of the YearCommonwealth Bank of AustraliaA$3 billion Medallion Trust Series 2011-1Lead manager: Commonwealth Bank of AustraliaUS Public Bond Deal of the YearAscianoUS$750 million 5% April 2018US$250 million 6% April 2023Joint lead managers: J.P.Morgan, Morgan Stanley, Royal Bank of Scotland AustraliaOffshore Ex-US Bond Deal of the YearTelstra Corporation€750 million 3.75% May 2022Joint lead managers: BNP Paribas, Deutsche Bank, HSBCUS Private Placement Bond Deal of the YearMelbourne AirportUS$200 million 4.47% September 2021US$200 million 4.57% September 2023US$200 million 4.77% September 2026Joint lead managers: Commonwealth Bank of Australia, National Australia BankSyndicated Loan Deal of the YearAPA GroupA$1.45 billion 2013, 2015 and 2016Mandated lead arrangers: ANZ, Commonwealth Bank of Australia, Westpac Banking CorporationISSUER AWARDSAustralian Sovereign/Agency Issuer of the YearNew South Wales Treasury CorporationAustralian Financial Institution Issuer of the YearANZ Banking GroupAustralian Corporate Issuer of the YearWesfarmersAustralian Securitisation Issuer of the YearWestpac Banking CorporationKangaroo Issuer of the YearWorld BankINDIVIDUAL AWARDSAustralian Financial Institution Treasurer of the YearLyn CobleyCommonwealth Bank of AustraliaAustralian Corporate Treasurer of the YearAsrar RahmanWoolworthsAustralian Intermediary of the YearTim GaltUBS Investment BankKangaroo Intermediary of the YearEnrico MassiRBC Capital MarketsAustralian Achievement AwardMichael BathAustralian Office of Financial ManagementKangaroo Achievement AwardWojtek NiebrzydowskiCanadian Imperial Bank of CommerceNEW ZEALAND MARKET AWARDS 2011New Zealand Domestic Bond House of the YearANZKauri Bond House of the YearANZNew Zealand Domestic Bond Deal of the YearAuckland International AirportNZ$100 million 5.47% October 2017Lead manager: BNZKauri Bond Deal of the YearWorld BankNZ$300 million 4.5% August 2016Joint lead managers: ANZ, TD SecuritiesNew Zealand Domestic Issuer of the YearBank of New ZealandKauri Issuer of the YearInternational Finance CorporationNew Zealand Treasurer of the YearMark ButcherAuckland CouncilNew Zealand Achievement AwardPaul Anderson, Eugene Bowden, Mark Butcher, Hugo Ellis, Stuart Henderson, Craig Stobo, Matthew WalkerLocal Government Funding Agency Establishment Board

The US dollar tranche of the A$1 billion (US$1.04 billion) equivalent residential mortgage-backed securities (RMBS) deal priced by ING Bank Australia – trading as ING DIRECT – on September 27 had the longest weighted average life (WAL) of such notes placed by an Australian issuer since the financial crisis. The deal's issuer says the Reg S transaction attracted support from global investors who are being starved of UK RMBS supply.

Leads on the two most recent Korean Kangaroo deals say there is a continuing appetite for Korean credit in Australian dollars. Like the other three Korean names to appear in the Australian market in 2012, Shinhan Bank (Shinhan) and Korea Gas Corporation (KoGas) attracted strong support in Asia. But deal leads say the names are garnering the attention of local investors as well.

Suncorp Group (Suncorp) upsized its new hybrid offering to A$500 million (US$512.8 million) on October 3, from A$350 million. The margin was set at 465 basis points over bank bill swap rate (BBSW), at the tight end of its announced 465-485 basis points at launch a week earlier.

Bendigo and Adelaide Bank (BEN) priced its tier one hybrid securities on September 28, announcing a volume of A$200 million (US$130.5 million) at the tight end of its offer – 500 basis points over bank bill swap rate (BBSW). As with the recently-priced Commonwealth Bank of Australia (CommBank) hybrid, BEN says its securities will qualify as additional tier one capital under full Basel III rules.

Holcim Finance Australia, guaranteed by Swiss-based Holcim (BBB/Baa2/BBB), has priced a new A$200 million (US$207.2 million) 6.5-year fixed rate issue maturing in April 2019. The deal's joint lead arrangers – ANZ, National Australia Bank and RBS Australia – disclosed indicative pricing in the area of 205 basis points over swap on September 25.

A new asset-backed securities (ABS) issue from Medfin Australia (Medfin), a subsidiary of National Australia Bank (NAB) that originates auto and equipment loans to the healthcare industry, has priced. Seven of the eight classes of notes that make up the deal, which was upsized to A$400 million (US$414 million) from an indicative volume of A$300 million, were given expected ratings by Fitch Ratings (Fitch) on September 25.

Shinhan Bank (Shinhan) (A/A1/A) priced a new three-year Kangaroo on September 25. It is the bank's second issue into the Australian dollar market since it debuted in 2007 with a dual tranche, fixed and floating note issue with a total volume of A$400 million (US$416.8 million) which matured in 2010.

ING DIRECT's IDOL 2012-2 Trust priced on September 27, with the issue of residential mortgage-backed securities (RMBS) upsized by more than double to total the equivalent of A$1 billion (US$1.04 billion). The class A1 notes are denominated in US dollars; according to KangaNews data, the weighted average life of those notes is, at 2.4 years, the longest-dated US dollar RMBS issue by an Australian entity since before the financial crisis.

The New South Wales Treasury Corporation (TCorp) has priceda new bookbuilt transaction with a volume of A$500 million (US$ 520.8 million) and a coupon of 3.5 per cent.  Consolidations are being offered out of the Commonwealth government-guaranteed April 2019 line after the new deal, maturing March 20 2019.