Sydney Airport issued a 10 year bond on 16 April, raising A$850 million from bids of A$2.5 billion. The senior secured bond priced at 147 basis points over semi-quarterly swap. It is rare for Sydney Airport to come to the domestic market. The last time was in 2011 when...
CSL Limited (ASX:CSL) last week priced US$1.25 billion corporate bonds in the United States 144A/Reg S market. The notes will be issued by CSL Finance Plc and guaranteed by the parent company, CSL Limited, and certain of its subsidiaries. The principal amount, tenor and coupon for the notes are: • US$500m...
Three Australian companies have been amongst a host of issuers in capital raisings to get the new year underway. ASX has priced its inaugural notes issue, an A$275 million issue of floating rate, unsecured medium term notes under its newly established Medium Term Notes Programme. The Notes have a coupon...
Liquidators have been appointed to the two companies behind the XTB range of corporate bond ETFs following Equity Trustees suspending redemptions last month according to The Australian. The two companies in liquidation are the Australian Corporate Bond Trust and Global Bond Exchange. Alan Walker and Glenn Livingstone of WLP Restructuring...
There’s been plenty of new bond issuance lately. It could be institutions wanting to lock in debt after heightened uncertainty due to the Middle East conflict but could also be because they see an increased chance of a rate rise on 7 November. It’s always good to see how institutional...
Santos has announced it has conducted a debt offering and successfully priced a US$850 million senior unsecured fixed rate bond transaction in the US dollar 144A/RegS market. The bonds will be issued by Santos Finance Limited, a wholly owned subsidiary of Santos Limited and guaranteed by Santos Limited. The proceeds are...
NBN Co, Australia's government-owned broadband provider launched last week a senior unsecured Australian-dollar green bond with an indicative yield of 5.3 per cent. The five-year fixed rate debt raising closed at $850 million at a coupon of 5.2 percent according to the Australian Financial Review and was priced at a...
QBE Insurance Group has priced the issue of $300 million of floating rate subordinated notes under its notes issuance program. The notes have a term of 16 years, maturing on 28 June 2039. They are callable after six years. Interest is payable on the notes quarterly in arrears at a...
Apple Inc has gone to the US blue-chip bond market early this week, in what is seen as a move by a number of borrowers to raise cash ahead of important inflation readings which are due during the week. The most valuable company in the US sold bonds in a...
Global X ETFs has launched a US investment-grade corporate bond ETF which provides investors with access to the world’s largest corporate bond market in a cost-effective, highly liquid and currency-hedged vehicle. The Global X USD Corporate Bond ETF (Currency Hedged) (ASX: USIG) has a management fee of 30 basis points...

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