Wednesday 03 October 2018 by Facilitation New issues list

New Issues

New issues for the period 4 October - 10 October 2018 including: BNP, CUA, Heathrow Airport, Pepper, Port of Melbourne 

BNP Paribas (BNP)

BNP priced its, A$275m Tier 2 euro medium term note deal on 5 October 2018. 

Volume: A$275m
Total outstanding in the line: A$275m
Coupon type: fixed
Coupon rate: 4.875%
Issue/re-offer price: 99.035%
Issue yield: 5%
Margin to swap: 221bps/mid
Maturity date: 12 October 2033

Credit Union Australia (CUA)

CUA launched its residential mortgage backed securities transaction, CUA Series 2018-1 Harvey Trust (Harvey 2018-1) on 8 October 2018. The forthcoming deal has indicative total volume of A$500m with the ability to upsize. Pricing is expected on 12 October 2018.

Source: KangaNews

Heathrow Airport

Heathrow Airport priced its, A$175m ten year deal on 4 October 2018.

Volume: A$175m
Total outstanding in the line: A$175m
Coupon type: fixed
Coupon rate: 4.15%
Issue/re-offer price: 99.831% 
Issue yield: 4.1708%
Margin to swap: 140bps/s-q
Maturity date: 11 October 2028

Pepper Group (Pepper)

Pepper priced its, A$600m I-Prime 2018-2 residential mortgage backed securities deal on 4 October 2018.


Source: KangaNews

Port of Melbourne

Port of Melbourne priced its, A$550m seven year domestic deal on 4 October 2018.

Volume: A$550m
Total outstanding in the line: A$550m
Coupon type: fixed
Coupon rate: 3.9%
Issue/re-offer price: 99.606% 
Issue yield: 3.965%
Margin to swap: 140bps/s-q
Maturity date: 15 October 2025

Source: KangaNews

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