Telstra plans one-year domestic FRN
- Thursday, 08 November 2018
On 8 November, Telstra Corporation (Telstra) (A-/A2) mandated National Australia Bank and Westpac Institutional Bank for an Australian dollar denominated, one-year floating-rate note (FRN) transaction, with indicative price guidance of 60 basis points area over three-month bank bills. The lead managers are exploring expressions of interest and the offer may close at short notice.
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