Auckland Council’s 10.5y Australian debt issue

08 September 2015

 

  Auckland Council last week raised $100m for 10.5 years in the Australian debt markets. It was the issuer’s first public debt issue in Australia after issuing debt privately here in 2012. The debt was raised quickly through two lead managers (ANZ and Deutsche Bank) at Swap + 55bps and YieldReport spoke with Auckland Council to gain an insight into the deal and the reasons behind the issue. The deal...

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