Investec Australia closes guaranteed 2012 buyback at A$195 million
- Monday, 18 October 2010
Investec Bank Australia (Investec Australia) (Baa1/BBB) completed a buyback offer on its February 2012 Australian government-guaranteed bond line on October 25 having repurchased A$195 million (US$192.1 million) of paper. Final volume represents almost the entirety of the A$200 million floating rate tranche of the line, which also has A$200 million outstanding in fixed rate format.
