Auswide Bank Ltd advised today that it has priced a Tier 2 Subordinated Debt FRN Issuance.
The $M13 Subordinated Debt Issue was oversubscribed at a margin of 480 basis points over the relevant BBSW and replaces an existing Tier 2 maturity.
The notes were issued in the capital markets under the bank’s existing Debt Issuance Program, with Laminar Capital acting as Lead Manager.
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