Tuesday 27 November 2018 by Facilitation New issues list

New issues - week ending 23 November 2018

New issues for the week ending Friday 23 November 2018 including: BEN, Civmec, CUA, HSBC, RBC, USYD

Bendigo and Adelaide Bank (BEN)

BEN issued a new, A$275m Tier 2 transaction on 22 November 2018.

Volume: A$275m
Total outstanding in the line: A$275m
Coupon type: FRN
Coupon rate: 3m BBSW +245bps
Issue/re-offer price: par
Margin to swap: 245bps/3m BBSW
Maturity date: 30 November 2028

Civmec Holdings (Civmec)

Civmec issued a new, A$60m four year domestic bond on 22 November 2018.

Volume: A$60m
Total outstanding in the line: A$60m
Coupon type: fixed
Coupon rate: 7%
Issue/re-offer price: par
Issue yield: 7%
Margin to swap: ND
Maturity date: 30 November 2022

Credit Union Australia (CUA)

CUA issued a new, A$100m one year domestic floating rate note on 22 November 2018.

Volume: A$100m
Total outstanding in the line: A$100m
Coupon type: FRN
Coupon rate: 3m BBSW +75bps
Issue/re-offer price: par
Margin to swap: 75bps/3m BBSW
Maturity date: 29 November 2019

HSBC Australia (HSBC)

HSBC issued a new, A$100m 1.25 year domestic floating rate note on 19 November 2018.

Volume: A$100m
Total outstanding in the line: A$100m
Coupon type: FRN
Coupon rate: 3m BBSW +55bps
Issue/re-offer price: par
Margin to swap: 55bps/3m BBSW
Maturity date: 24 February 2020

Royal Bank of Canada Sydney (RBC)

RBC issued a new, A$500m one year domestic bond on 23 November 2018.

Volume: A$500m
Total outstanding in the line: A$500m
Coupon type: FRN
Coupon rate: 3m BBSW +50bps
Issue/re-offer price: par
Margin to swap: 50bps/3m BBSW
Maturity date: 27 November 2019

University of Sydney (USYD)

USYD issued a new, A$200m 25 year bond on 20 November 2018.

Volume: A$200m
Total outstanding in the line: A$200m
Coupon type: fixed
Coupon rate: 4.5%
Issue/re-offer price: par 
Issue yield: 4.5%
Margin to swap: ND
Maturity date: 26 November 2043

Source: KangaNews


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