Credit Suisse Sydney prices a A$600 million FRN in second domestic of 2010 [UPDATED]
- Monday, 30 August 2010
The Australian market for international banks continues to burn white hot with the August 31 pricing of a new five-year transaction from Credit Suisse Sydney Branch (Credit Suisse Sydney) (A+/Aa1/AA-). The deal is the issuer's second-ever Australian bond, following the pricing in March this year of A$1.1 billion (US$992 million) of four-year paper, at 120 basis points over swap.
