Australia's ANZ talks three-part notes in tranches due 2017, 2019

By Aleesia Forni

Virginia Beach, June 9 – ANZ Banking Group Ltd. set price talk for its planned three-part offering of notes (Aa2/AA-/), according to market sources.

The sale is expected to include fixed-rate notes due 2017 talked in the high-40 basis points area over Treasuries and three-year floaters talked at the Libor equivalent.

A fixed-rate tranche of notes due 2019 is talked in the Treasuries plus high-60 bps area.

ANZ, BofA Merrill Lynch, J.P. Morgan Securities LLC and Wells Fargo Securities LLC are managing the sale.

The financial services company is based in Melbourne, Australia.

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