New ING issuer to aims to be regular domestic unsecured borrower [UPDATED]

ING Bank Sydney (ING Sydney), which debuted as a domestic market borrower with a four-year transaction that priced on March 15, plans to become a regular issuer of unsecured bonds in the Australian market. The local ING retail banking entity that has previously issued Australian dollar paper will continue to be the source of structured finance product in future, the issuer adds.