By Andrea Heisinger
New York, May 9 - ANZ Banking Group Ltd., New York branch was in the market Thursday with a $2.5 billion sale of senior notes (Aa2/AA-/) in three tranches, an informed source said.
A $1 billion tranche of two-year floating-rate notes sold at par to yield Libor plus 20 basis points.
There was also $750 million of five-year floaters priced at par to yield Libor plus 56 bps.
A third tranche was $750 million of 1.45% five-year notes sold at 99.942 to yield 1.462% with a spread of Treasuries plus 72 bps.
All of the tranches are non-callable.
Pricing was done under Rule 144A and Regulation S.
Bookrunners were ANZ Securities, Citigroup Global Markets Inc. and Goldman Sachs & Co.
The financial services company is based in Melbourne, Australia.
| Issuer: | ANZ Banking Group Ltd., New York branch
|
| Issue: | Senior notes
|
| Amount: | $2.5 billion
|
| Bookrunners: | ANZ Securities, Citigroup Global Markets Inc., Goldman Sachs & Co.
|
| Distribution: | Rule 144A, Regulation S
|
| Trade date: | May 9
|
| Settlement date: | May 15
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA-
|
|
|
| Two-year floaters
|
| Amount: | $1 billion
|
| Maturity: | May 7, 2015
|
| Coupon: | Libor plus 20 bps
|
| Price: | Par
|
| Yield: | Libor plus 20 bps
|
| Call: | Non-callable
|
|
|
| Five-year floaters
|
| Amount: | $750 million
|
| Maturity: | May 15, 2018
|
| Coupon: | Libor plus 56 bps
|
| Price: | Par
|
| Yield: | Libor plus 56 bps
|
| Call: | Non-callable
|
|
|
| Five-year fixed-rate notes
|
| Amount: | $750 million
|
| Maturity: | May 15, 2018
|
| Coupon: | 1.45%
|
| Price: | 99.942
|
| Yield: | 1.462%
|
| Spread: | Treasuries plus 72 bps
|
| Call: | Non-callable
|
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