Australian telco Telstra plans to issue an Australian dollar-denominated bond and has mandated four banks to lead the offer.
Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac are lead arrangers…
Australian telco Telstra plans to issue an Australian dollar-denominated bond and has mandated four banks to lead the offer.
Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac are lead arrangers on the note issue, said a statement from National Australia Bank today, according to media reports.
Telstra may offer five-year notes yielding about 100 basis points more than swap rates, but the terms are not set yet, said a person familiar with the matter cited in a newswire report.
As TelecomFinance reported back in March, Telstra has already issued bonds this year. The company priced €1bn (US$1.3bn) worth of bonds maturing in 2022, according to Reuters.
The lead managers on that transaction were said to be Deutsche Bank, HSBC and JP Morgan.
