Bendigo and Adelaide hits road ahead of possible Swiss debut

By Nathan Collins
12 Feb 2014

The Swiss market is set to enjoy a burst of issuance from Antipodean issuers, with ANZ New Zealand due to price a new six year on Wednesday afternoon and Australian retail bank Bendigo and Adelaide Bank arranging investor meetings for next week.

Credit Suisse and UBS are offering guidance on ANZ New Zealand’s six year bonds at 35bp over mid-swaps.

The deal was marketed as a minimum Sfr200m ($223.2m) print but the final size will be larger, according to a syndicate banker at one of the leads.

Pricing is expected ...

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