By Aleesia Forni
Virginia Beach, Feb. 29 - ANZ New Zealand (International) Ltd. priced $750 million of senior notes (Aa3/AA-/AA-) in two tranches, according to a market source.
A $250 million tranche of floating-rate notes due 2017 sold at par to yield Libor plus 52 basis points.
The company sold $500 million of 1.4% three-year notes at 70 bps over Treasuries, or 99.985 to yield 1.405%.
ANZ, Citigroup Global Markets Inc. and RBC Capital Markets LLC were the joint bookrunners for the Rule 144A and Regulation S deal.
The financial services company is based in Melbourne.
| Issuer: | ANZ New Zealand (International) Ltd.
|
| Issue: | Notes
|
| Amount: | $750 million
|
| Joint bookrunners: | ANZ, Citigroup Global Markets Inc., RBC Capital Markets LLC
|
| Trade date: | Feb. 20
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Fitch: AA-
|
| Distribution: | Rule 144A, Regulation S
|
|
|
| Floaters due 2017
|
| Amount: | $250 million
|
| Maturity: | April 27, 2017
|
| Coupon: | Libor plus 52 bps
|
| Price: | Par
|
| Yield: | Libor plus 52 bps
|
|
|
| Notes due 2017
|
| Amount: | $500 million
|
| Maturity: | April 17, 2017
|
| Coupon: | 1.4%
|
| Price: | 99.985
|
| Yield: | 1.405%
|
| Spread: | Treasuries plus 70 bps
|
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