On January 9, Reuters announced a US$3.075 billion bond offering by the Commonwealth Bank of Australia. The
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On January 9, Reuters announced a US$3.075 billion bond offering by the Commonwealth Bank of Australia. The following is reproduced from the announcement:
Issue: US$3.075 billion of 144a reg S bonds priced on Jan. 9.
Offer included US$2.5 bln 3-year bonds at 78bp/
swap and US$575 mln 5-year bonds at 85bp/swap.
Participants: Nearly 100 investors in Asia, the U.S. and Europe.
Buyers mostly included asset managers and banks.
Describe this bond offering.
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