Wesfarmers gets A$500 million in new domestic seven-year [UPDATED]
- Wednesday, 21 March 2012
Wesfarmers (A-/Baa1) placed its longest-dated issue in the Australian domestic market on March 21, launching and pricing a new seven-year transaction. The deal had indicative volume of A$400 million (US$419.9 million) but was upsized by A$100 million at its launch pricing of 165 basis points over swap.
