Briefs: Liberty issues $250m unsecured notes, ANZ NZ appointment
Diversified finance company Liberty Financial Pty Ltd has priced a A$250 million floating rate medium term note issue. This is Liberty's third floating rate MTN and its sixth senior unsecured MTN issue. The notes, due for redemption on 26 February 2024, will pay three month BBSW plus 2.35 per cent, payable quarterly. Since the establishment of its MTN program, Liberty's issuance has exceeded $1.2 billion. Deutsche Bank, National Australia Bank and Westpac Institutional Bank were joint lead managers. Ben Kelleher, who has been acting Managing Director, Retail and Business Banking at ANZ Bank New Zealand for the past six months has been permanently appointed to the role (which was vacated by Antonia Watson when she was appointed CEO). Prior to taking over the MD role, Kelleher was General Manager, Auckland and Northland, for Retail and Business Banking, and in his seven years at ANZ he has also led the Private Bank team and Strategy team.