ANZ Commodities has wrapped up syndication of its $250m two year fundraising, managing to increase it by $50m after the deal was oversubscribed in general.
Australia and New Zealand Bank is the sole bookrunner, pricing the deal at 350bp over dollar Libor. ANZ Commodities is the trading subsidiary of the Australian bank.
Only one ticket was available to the market: a $25m commitment for 30bp fees. With more than sufficient interest, the