Crown domestic deal prices A$275 million [UPDATED]
- Wednesday, 11 July 2012
Crown (BBB/Baa2/BBB) priced its debut own-name domestic bond market transaction on July 12 as guarantor of a A$275 million (US$279.8 million) fixed-rate issue by Crown Group Finance (Crown Finance). The deal, which has all the domestic big four banks as leads, has a pricing margin of 250 basis points over mid-swap.
