Qusetion on january 9 reuters announced a us3075 billion, Ask an Expert

Management Studies

Qusetion: 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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Management Theories, Management Studies

Category:- Management Theories
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