RBS Australia to increase 2013 line

On September 16, the Royal Bank of Scotland Australia Branch (RBS Australia) (A+/Aa3/AA-) mandated a A$250 million (US$234.2 million) increase to its August 2013 line. The transaction is expected to launch and price today, and will add to a line that currently has A$1.5 billion outstanding across fixed and floating rate tranches of equal volumes.