Caltex advances bookbuild as retail momentum builds again
- Wednesday, 01 August 2012
Continuing demand for retail fixed income transactions in Australia allowed Caltex Australia (Caltex) to bring forward the bookbuild date for its subordinated notes offer to August 3 – from August 8 – and to nearly double the size of the offer at the tighter end of its indicative pricing range. Caltex allocated A$525 million (US$555.1 million) through its bookbuild, at a margin of 450 basis points over bank bills.
