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CBA launches A$500 mln 5-year non-guaranteed offer

Mon Jul 6, 2009 12:48am EDT
 
 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, July 6 (Reuters) - Commonwealth Bank of Australia
(CBA) on Monday said it had launched a minimum A$500 million
($397 million) offer of five-year non-government guaranteed
bonds.
 Pricing was expected by Tuesday, subject to market
conditions. The deal was expected to be rated AA by S&P and Aa1
by Moody's.
 CBA is sole lead manager on the deal.
 ($1=1.26 Australian Dollar)
 (Reporting by Wayne Cole)



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