Suncorp opens buyback for perpetual notes

The Suncorp Group's latest hybrid, the CPS3, Additional Tier 1 capital notes, began trading on the ASX on a deferred settlement basis on Friday. The final size of the issue came in at A$400 million, a.. read more

Westpac Capital Notes II

Westpac Banking Corporation is getting ready for only the third ASX-listed debt issue for 2014. The bank is hoping to raise at least A$750 million of Additional Tier 1 capital through instruments to b.. read more

Where have all the debt issuers gone?

Offshore.International issuance by Australian entities in international bond markets now exceeds A$40 billion. This compares with only $27.5 billion in the first quarter of 2013. read more

Suncorp goes to the US market for senior debt

The steady flow of bond issuance by Australian borrowers in the US s144A market is continuing. Yesterday, Suncorp Bank announced it had raised a total of US$850 million for three years, in the market. read more

Macquarie makes rare s144a issue

Macquarie Bank (rated A) sold term debt in the US s144A market last week for the first time in three years. The bank sold US$750 million of three year bonds and US$500 million of three year floating r.. read more

Clydesdale returns to RMBS

In Europe, Westpac sold €1.0 billion of seven year covered bonds late last week. While covered bonds issued by the major Australian banks are not eligible for repo-transactions with the European Cen.. read more