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Published on 12/19/2012 in the Prospect News Liability Management Daily.

New South Wales to buy back A$144.23 million global exchangeable bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 19 - New South Wales Treasury Corp. announced plans to repurchase a total of A$144,234,000 of notes on Sept. 12, according to a notice.

The issuer will repurchase A$123,634,000 of 5.5% guaranteed global exchangeable bonds due Jan. 3, 2017, leaving A$852,371,000 outstanding.

The issuer will also repurchase A$20.6 million of 6% guaranteed global exchangeable bonds due Jan. 4, 2019, leaving A$64.1 million outstanding.

The issuer is based in Sydney, Australia, and is the central borrowing authority for the state of New South Wales.


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