Rabobank Australia Ltd

  • 30 Sep 2004
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Guarantor: Rabobank Nederland
Rating: Aaa/AAA
Amount: A$50m (fungible with A$100m issue launched 08/09/04)
Maturity: October 6, 2009
Issue price: 101.715
Coupon: 5.75%
Launched: Tuesday September 28
Joint books: Rabobank, TD Securities

Bookrunner's comment:

TD ? There was specific demand for this increase, it was based on lead orders and strong demand for the name and the currency allowed us to increase this transaction. Rabobank had a lead order and where it has usually been joint lead, here they have joint books.

We saw demand out of Switzerland and Benelux and know that demand for Australian dollar product remains extremely strong. The increase is really just so we have some bonds left on the books to retail out over time to the same geographic base.

Rabo is recognised as a top retail name and this is a tried and tested formula. We are not the only house seeing demand ? the Aussie dollar is in favour all round at the moment.

This is a tap of the earlier deal.  The original tranche was done two weeks ago.

  • 30 Sep 2004

All International Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 92.59 388 8.96%
2 Citi 85.30 278 8.25%
3 BofA Securities 63.15 265 6.11%
4 Barclays 58.01 223 5.61%
5 Deutsche Bank 55.74 184 5.39%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 60.87 123 14.06%
2 Credit Agricole CIB 28.59 93 6.60%
3 Santander 25.41 90 5.87%
4 JPMorgan 23.88 61 5.52%
5 UniCredit 21.51 103 4.97%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Goldman Sachs 2.07 11 10.42%
2 BofA Securities 1.40 6 7.01%
3 Citi 1.37 7 6.87%
4 Morgan Stanley 1.36 6 6.85%
5 JPMorgan 1.31 7 6.59%