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ASB Finance to issue €40M of fixed-rate notes

Commonwealth Bank of Australia unit ASB Finance Ltd. will raise €40 million through the issuance of fixed-rate notes.

The notes, which will be issued May 2, will carry an interest rate of 1.000% and will mature May 2, 2025. The notes will be issued under the company's US$70 billion euro medium-term note program, according to an April 26 release.