ABB debuts with A$400 million from A$1 billion-plus book
- Friday, 16 November 2012
Swiss power and automation technology firm ABB (A/A2) priced its first Australian market bond deal on November 15, via fully-guaranteed local subsidiary ABB Finance Australia. The deal closed with final volume of A$400 million (US$414.4 million) – an upsize of A$100 million from launch – and attracted a book of over A$1 billion from more than a hundred accounts, according to its leads.
