Tatts closes senior retail offer slightly short of target volume [UPDATED]
- Thursday, 31 May 2012
Tatts Group (Tatts) closed its senior retail bond transaction on June 29, with final volume, at A$194.7 million (US$199.8 million) marginally below the A$200 million initial target. The company announced on June 6 that it has set the deal's margin at 310 basis points over bank bill swap rate – the wider end of its 20 basis point marketing range.
