Origin takes US$500 million in inaugural 144A issue
- Friday, 07 October 2011
Origin Energy (Origin) (BBB+/Baa1) issued its debut transaction in the US144A market on October 7, taking US$500 million in an October 2021 maturity with a 5.45 per cent coupon. The deal's margin, 350 basis points over US Treasuries, is described by one source familiar with the transaction as "within the range the borrower had targeted".
