Heritage launches senior retail transaction seeking A$125 million
- Thursday, 17 May 2012
Heritage Bank (Heritage) has added to the healthy deal flow in Australia's retail fixed income market with the May 17 launch of the first senior retail transaction of the year. The bank is seeking A$125 million (US$124 million) in the five-year transaction, which is its second approach to the domestic retail market having issued A$50 million of subordinated notes in October 2009.
