Australia Post launches minimum A$250m five-year notes

Australia Post said on March 18 it would sell a minimum of A$250m ($166m) in five-year notes.

Australia Post said on March 18 it would sell a minimum of A$250m ($166m) in five-year notes.

The issue is expected to price around 130 basis points above Swap/BBSW.

Australia & New Zealand Banking Group and Commonwealth Bank of Australia are joint-lead managers to the transaction, which is anticipated to price on or before 19 March, for settlement on 25 March.

The transaction will be rated triple-A.

Relevant Directory Listings

Listing image

Escher

Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest

Share This