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Wednesday 12 March 2025 by FIIG Research

General

New Issues 24 February to 6 March 2025

Nestle Capital Corp
Volume: A$400m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.25%
Issue/re-offer price: 99.861
Maturity Date: 13 March 2035
Pricing date: 05 March 2025

NSW Electricity Networks Finance Pty Ltd
Volume: A$1bn
Ranking: Subordinated
Coupon Type: FRN
Coupon Rate: 3mBBSW+2.05%
Issue/re-offer price: par
Maturity Date: 11 March 2055
Pricing date: 04 March 2025

HSBC Holdings PLC
Volume: A$950m
Ranking: Subordinated
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.87%
Issue/re-offer price: par
Maturity Date: 11 March 2035
Pricing date: 05 March 2025

NBN Co Ltd
Volume: A$750m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.35%
Issue/re-offer price: 99.847
Maturity Date: 06 March 2035
Pricing date: 27 February 2025

Nestle Capital Corp
Volume: A$400m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.55%
Issue/re-offer price: 99.92
Maturity Date: 13 March 2030
Pricing date: 05 March 2025

Banco Santander SA
Volume: A$350m
Ranking: Subordinated
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.92%
Issue/re-offer price: par
Maturity Date: 06 March 2035
Pricing date: 27 February 2025

Insurance Australia Group Ltd
Volume: A$500m
Ranking: Subordinated
Coupon Type: FRN
Coupon Rate: 3mBBSW+1.68%
Issue/re-offer price: par
Maturity Date: 15 June 2037
Pricing date: 26 February 2025

New South Wales Treasury Corp
Volume: A$2bn
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.25%
Issue/re-offer price: 97.702
Maturity Date: 24 February 2038
Pricing date: 06 March 2025

Liberty Financial Pty Ltd
Volume: A$300m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+2.05%
Issue/re-offer price: par
Maturity Date: 17 March 2030
Pricing date: 27 February 2025

Transpower New Zealand Ltd
Volume: A$270m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.995%
Issue/re-offer price: par
Maturity Date: 12 March 2032
Pricing date: 05 March 2025

QPH Finance Co Pty Ltd
Volume: A$250m
Ranking: Secured
Coupon Type: Fixed
Coupon Rate: 5.695%
Issue/re-offer price: par
Maturity Date: 05 March 2035
Pricing date: 26 February 2025

QPH Finance Co Pty Ltd
Volume: A$250m
Ranking: Secured
Coupon Type: Fixed
Coupon Rate: 5.302%
Issue/re-offer price: par
Maturity Date: 05 March 2032
Pricing date: 26 February 2025

National Australia Bank Ltd
Volume: A$161m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+0.53%
Issue/re-offer price: par
Maturity Date: 08 March 2028
Pricing date: 06 March 2025

Barclays Bank PLC
Volume: A$250m
Ranking: Senior Unsecured
Coupon Type: FRN
Coupon Rate: 3mBBSW+1%
Issue/re-offer price: par
Maturity Date: 19 March 2027
Pricing date: 28 February 2025

JPMorgan Chase Financial Co LLC
Volume: A$15m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 5.6%
Issue/re-offer price: par
Maturity Date: 13 March 2035
Pricing date: 06 March 2025

Merrill Lynch BV
Volume: A$2.09m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 4.71%
Issue/re-offer price: par
Maturity Date: 14 March 2030
Pricing date: 24 February 2025

Australia Pacific Mortgage Fund Ltd
Volume: A$6.1m
Ranking: Secured
Coupon Type: Fixed
Coupon Rate: 8.75%
Issue/re-offer price: par
Maturity Date: 28 January 2026
Pricing date: 24 February 2025

Australia Pacific Mortgage Fund Ltd
Volume: A$8.79m
Ranking: Secured
Coupon Type: Fixed
Coupon Rate: 9%
Issue/re-offer price: par
Maturity Date: 28 November 2025
Pricing date: 28 February 2025

Landesbank Baden-Wuerttemberg
Volume: A$39.888m
Ranking: Senior Unsecured
Coupon Type: Fixed
Coupon Rate: 3.75%
Issue/re-offer price: par
Maturity Date: 01 March 2027
Pricing date: 28 February 2025

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