AusNet Services returns to euros, Ford prints
AusNet Services Holdings, the holding company of Australian energy firm AusNet, found a warm reception from the euro market this week in its first syndicated outing in the currency since 2015.
The A3/A- rated issuer opened books on a €500m no-grow 10.5 year bond at 90bp area over mid-swaps. The borrower started meeting investors from Monday to market a deal with a maturity of 10 to 12 years.This is the borrower's first euro deal at holdco level since a €560m 12 year ...
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