Australia's Goodman to sell US$ long-dated bonds
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SYDNEY, June 5 (Reuters) - Australian property firm Goodman
Group (GMG.AX) plans to raise long-dated bonds in the U.S.
private placement market, three market sources said.
NabCapital, which is tipped to arrange the offer, declined to comment.
Goodman was not immediately available to comment.
The U.S. traditional private placement market is a popular source of funds for Australian corporations looking for long-dated debt.
Australian steel makers BlueScope Steel Ltd (BSL.AX) and OneSteel Ltd (OST.AX) and Australian lender Newcastle Permanent Building Society are also looking to complete an issue in the same market.
Goodman Group is rated BBB+ by S&P (Reporting by Cecile Lefort)
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