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TCorp Home > Corporate Profile > Publications > Press Releases > NSW Treasury Corporation (TCorp) New Benchmark Hot Stock

NSW Treasury Corporation (TCorp) New Benchmark Hot Stock

Release date:26 May 2009
5.25% 1 May 2013 Issue by Syndication

TCorp today announces a new benchmark hot stock issue, 5.25% 1 May 2013. TCorp will issue this new nominal bond via a bookbuild process.

TCorp has appointed Deutsche Australia and UBS Australia as joint lead managers and ANZ, RBC Capital Markets and CBA as co-managers.

Minimum issue size is $500m thereby establishing the bond as a new benchmark bond. Secondary market price making will commence after the close of the transaction.

The books on this deal will open this morning (Tuesday 26 May) with anticipated pricing on Wednesday (27 May) afternoon.

For further information please contact Michael Allen, General Manager Treasury on (02) 9325-9288.

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