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KangaNews is the trading name of BondNews Limited, a company registered in the UK and Australia. With our head office in Sydney and a satellite office in Europe, we are positioned to provide a one-stop information service on the Australasian fixed-income markets.
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Strategic view leads BEN to euro covered market
A desire to diversify funding by accessing the deepest global market for covered bonds trumped lower funding costs at home for Bendigo and Adelaide Bank in its inaugural Euro covered deal.
Deal and ratings review, week ending 29 September 2023
Securitised product and issuance by offshore names were the substance of Australian primary market activity – anchored by benchmarks from Royal Bank of Canada and Svenska Handelsbanken. Australian corporate issuance got a boost in the form of a A$550 million deal from WestConnex Finance Company.
