Danske open to Australian return

By Nathan Collins
20 Aug 2013

Danske Bank will monitor the market for further windows to issue in Australian dollars following the sale of its debut public deal in the currency on Monday.

Lead managers Danske and TD Securities priced the A$100m five year bond at 138bp over mid-swaps to yield 5.1%. Pricing was in line with guidance of 138bp area.

The issuer has privately placed Australian dollar deals in the past, but Monday's trade was the first time that Danske Bank ...

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