Suncorp-MetwayLtd. said April 7 that it is selling a five-year senior unsecureddebt transaction of A$750 million.
The transaction was priced at 138 basis points over thethree-month Bank Bill Swap Rate.
The offering consisted of a A$600 million floating-rate andA$150 million fixed-rate bonds with a five-year maturity.
Commonwealth Bank of Australia, National Australia Bank, RBCCapital Markets and UBS Investment Bank jointly led the transaction.
As of April 7, US$1was equivalent to A$1.33.