Commonwealth Bank of Australia looks ready to bring back US$4.5 billion from its trip to the bond markets.
The multi-tranche debt deal was priced on Friday morning and landed towards the tighter end of the guidance.
Investors were split $3.25 billion in the three/five year tranche and $1.25 billion in the 10-year one. It was CBA’s largest ever USD funding deal, and shows investors are still open to Australian bank debt as broader new issuance slows down in the US bond markets.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barclays, Credit Ag help Iron Mountain refinance $308m TLBData backup giant Iron Mountain’s local outpost looks ready to raise $308 million via a Term Loan B issue.
Read more »
CBA hits US bond markets for ‘massive’ multi-tranche raisingIt’s a big night for Commonwealth Bank of Australia’s Treasury team.
Read more »
CBA hits US bond markets for ‘massive’ multi-tranche raisingIt’s a big night for Commonwealth Bank of Australia’s Treasury team.
Read more »
Ulysses, Kelpies and Bond’s debut – take the Thursday quizFifteen questions on general knowledge and topical trivia plus a few jokes every Thursday – how will you fare?
Read more »
Flood clean-ups underway after devastating delugeFrom Noosa and Gympie on the Sunshine Coast down to Brisbane, Logan and the Gold Coast in Queensland to Lismore and Ballina in northern NSW, people are finally able to assess the damage after being inundated with flood waters.
Read more »
Welcome back, Western AustraliaThe west has made a start on repairing the bonds of federation after two years of Mark McGowan’s hyper-parochial border populism.
Read more »