News
Woolworths was greeted by an almost four-times oversubscription in its return to the Australian dollar market, demonstrating once again the reception afforded to high-quality domestic corporate names. The transaction also experienced a significant margin compression, leading deal sources to comment on the strength of the Woolworths credit and the good timing of its execution.
The Australian Office of Financial Management says its new long-dated syndication was well sought after by investors including higher than usual participation from real-money accounts. The government debt management agency stuck to its plan to issue the new line before year end with options for clear execution windows starting to diminish.
The Australian Sustainable Finance Institute will disclose the latest intelligence from its sustainable finance progress tracker at its annual conference in Sydney on 24 October. Ahead of the update, the institute’s chief executive, Kristy Graham, shares a sneak preview with KangaNews covering some of the primary focus areas and priorities.
