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SYDNEY, May 7 (Reuters) - Australia and New Zealand Banking
Group Ltd (ANZ.AX), the country's fourth-biggest bank by market
capitalisation, said on Wednesday it has placed 2 billion euro
($3.1 billion) of 2013 notes with 180 accounts.
UK-based investors dominated the book, followed by
investors from continental Europe.
The bank, which did not give the exact breakdown details,
said investors were scaled back at the clearing price of 93
basis points over swap, despite it being reduced from the
initial margin of around 95 bps.
Deal details are as follows:
Borrower Australia and New Zealand Banking
Group Limited (ANZ.AX)
Issue Amount 2.0 billion euro
Maturity Date May 20, 2013
Coupon 5.25 pct
Issue price 99.85
Reoffer price 99.85
Spread 93 basis points
Underlying Govt bond Over Mid-swaps, equivalent to
139.4
bp over the 3.5 pct April 2013 OBL
Payment Date May 20, 2008
Lead Manager(s) Barclays Bank & Credit Suisse
Ratings Aa1 (Moody's), AA (S&P),
AA- (Fitch)
Listing London
Full fees Undisclosed
Denoms (K) 50-1
Governing Law English
Negative pledge Yes
Cross Default Yes
Notes Launched under the issuer's EMTN
Programme
