News
Curt Zuber, group treasurer at Westpac Banking Corporation and five-time winner of the KangaNews Award for Financial Institution Treasury Institution Executive of the Year, shares career highlights and challenges with KangaNews.
As part of KangaNews and Mizuho Securities' Japanese investor-engagement project, four Australian bond issuers give their insights into the evolution of Japanese demand for Australian dollar issuance and how they engage with this important bid.
In the final full week of August, FBG Finance, on behalf of Anheuser-Busch InBev, netted A$1.95 billion (US$1.53 billion) in a new multi-tranche deal. Meanwhile, the Australian Office of Financial Management printed A$3 billion in a new syndicated linker.
In the wake of the Australian market’s second billion-dollar deal from a global corporate issuer in less than three weeks, deal sources insist the outcome underscores the local market’s evolution on the global stage. This means truly global brands are becoming increasingly comfortable with their ability to execute meaningful transactions with minimal execution risk in the local market.
ANZ Banking Group (ANZ) set the margin for its latest additional-tier-one offer – ANZ Capital Notes 5 – following the completion of the broker firm reinvestment offer bookbuild on 23 August. According to an announcement lodged with the Australian Securities Exchange (ASX), the margin has been set at 380 basis points over bank bills, the tight end of 380-400 basis points over bills guidance.
