GAIF Bond Issuer (BBB+/Baa1), the financing entity of Goodman Australia Industrial Partnership (GAIP), launched a new domestic, eight-year, benchmark transaction on 2 December. The forthcoming deal, which is expected to price on the day of launch, is being marketed at 130 basis points area over semi-quarterly swap. ANZ, HSBC and National Australia Bank are leading.
On 2 December, Macquarie Bank (A+/A2/A) launched a new Australian dollar denominated, five-year, senior-unsecured, benchmark transaction, offered in either or both fixed- and floating-rate note formats. Indicative price guidance for the deal is 52 basis points area over swap benchmarks.
On 1 December, Macquarie Bank (A+/A2/A) revealed plans for a new Australian dollar denominated, five-year, senior-unsecured benchmark transaction, offered in either or both fixed- and floating-rate note formats. ANZ, Commonwealth Bank of Australia, Macquarie Bank, National Australia Bank, SMBC Nikko and Westpac Institutional Bank are leading.
AMP Life (A-/A3), part of the Resolution Life Group, launched a new Australian dollar denominated, 15-year non-call five-year (15NC5), tier-two, benchmark, floating-rate note (FRN) transaction on 1 December. The forthcoming deal is being marketed at 350 basis points area over three-month bank bills and is expected to price on the day of launch.
On 1 December, Western Sydney University (WSU) (Aa2) launched a new Australian dollar denominated, seven-year transaction. Indicative price guidance for the forthcoming deal, which is expected to price on the day of launch, is 120 basis points area over semi-quarterly swap. Commonweal Bank of Australia and National Australia Bank are leading.