Commonwealth Bank prices A$1.4 bln bonds-investor
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SYDNEY, Jan 15 (Reuters) - Commonwealth Bank of Australia
(CBA.AX) launched and priced A$1.4 billion ($1.3 billion) of
three-year senior notes, a fund manager said on Tuesday.
According to the fund manager, deal details are as follows:
Issuer: Commonwealth Bank of Australia
Facility: Domestic fixed and floating rate
senior notes
Amount issued: A$1.4 billion
Maturity: Jan. 21, 2011
Set date: Jan. 21
Lead(s): CBA
Issuer rating: AA (S&P), Aa1 (Moody's), AA (Fitch)
Tranche: Fixed FRN
Amount: A$750 mln A$650 mln
Coupon: 7.75% +47bp/3-month BBSW
Yield: 7.835% +474bp/3-month BBSW
Spread: +47 bps/swap or +47bp/3-month BBSW
+131 bps/CGS 2011
Issue price: 99.777 100 ($1=A$1.11) (Reporting by Cecile Lefort)
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