Leads confident MYOB deal will end retail year on positive note
- Friday, 30 November 2012
Ahead of the December 3 bookbuild of MYOB's subordinated retail bond offer, arranger and lead manager sources say they are confident that the transaction will close a highly-active year in the retail market on a high note. The transaction is for an indicative A$125 million (US$130.3 million) of five-year tenor paper, and is expected to pay a margin of 670-690 basis points over three-month bank bills.
