By Cristal Cody
Chicago, Jan. 12 – ANZ Banking Group Ltd., New York Branch priced a $2 billion offering of notes in two parts, with both tranches due in 2027, according to a market source.
A floating-rate tranche priced with interest based on SOFR plus 81 basis points.
The fixed-rate component in the deal priced with a 4.75% coupon at 63 bps over Treasuries. Price talk started at Treasuries plus 90 bps.
Bookrunners were ANZ Securities Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Wells Fargo Securities LLC.
The financial services company is based in Melbourne, Australia.
| Issuer: | ANZ Banking Group Ltd., New York Branch
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| Amount: | $2 billion
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| Issue: | Notes
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| Maturity: | Jan. 18, 2027
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| Bookrunners: | ANZ Securities Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and Wells Fargo Securities LLC
|
| Trade date: | Jan. 8
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|
| Floaters
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| Amount: | $800 million
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| Issue: | Floating-rate notes
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| Coupon: | SOFR plus 81 bps
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|
| Fixed-rate notes
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| Amount: | $1.2 billion
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| Issue: | Fixed-rate notes
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| Coupon: | 4.75%
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| Spread: | Treasuries plus 63 bps
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| Price talk: | Treasuries plus 90 bps
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