Macquarie University upsizes debut bond deal to A$250 million [UPDATED]

In the first non-inflation linked domestic bond issue from an Australian higher education institution since 2006, on August 31 Macquarie University (Aa2) priced a new 10-year transaction. The issuer upsized the deal to A$250 million (US$223.35 million) from a launch minimum of A$200 million, retaining the indicative pricing of 170 basis points over swap.