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New Benchmark Hot Stock Allocation, 30 June 2009

New South Wales Treasury Corporation (TCorp) New Benchmark Hot Stock Allocation, 30 June 2009

Release date:30 Jun 2009
A$825M 6.0% 1 MAY 2023 Issue by Syndication

On Tuesday 30 June 2009 TCorp issued A$825m of a 6.0% 1 May 2023 benchmark hot stock via a bookbuild process, bringing the total outstanding to A$1.08bn.
 Results were as follows:

Total Amount Allocated
$825m
Yield Allocated
6.455%
Spread to Bond
+82 bps
Total Amount on Issue
$1.08bn

Settlement will be Friday, 3 July  2009.
The deal was supported by a broad base of both domestic and international investors and goes towards TCorp’s A$10.4bn the 2009/2010 financial year.
 
For further information please contact Michael Allen, General Manager Treasury on (02) 9325-9288.

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