By Andrea Heisinger
New York, June 11 - Australia and New Zealand Banking Group Ltd. sold $1.5 billion three-year floating-rate notes Thursday that are guaranteed by the Australian government, a market source said.
The notes (Aaa/AAA/) priced at par to yield three-month Libor plus 28 basis points and are non-callable. They were sold via Rule 144A.
Bookrunners were Morgan Stanley, HSBC Securities and ANZ Securities.
The financial services company is based in Melbourne, Australia.
| Issuer: | Australia and New Zealand Banking Group Ltd.
|
| Guarantor: | Government of Australia
|
| Issue: | Floating-rate notes
|
| Amount: | $1.5 billion
|
| Maturity: | 2012
|
| Bookrunners: | Morgan Stanley, HSBC Securities, ANZ Securities
|
| Coupon: | Three-month Libor plus 28 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 28 bps
|
| Call: | Non-callable
|
| Trade date: | June 11
|
| Distribution: | Rule 144A
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
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