• Contact
  • Feedback
Banking Day
  • News
  • Topics
    • All Topics
    • Briefs
    • Major Banks
    • Authorised deposit-taking institutions
    • Insurance, funds and super
    • Payments, mobile & wallets
    • Consumer lending
    • Mortgages
    • Business lending
    • Finance regulation
    • Debt capital markets
    • Ratings agencies
    • Equity capital markets
    • Professional services
    • Work & career
    • Foreign news
    • Other topics
  • Free Trial
  • Subscribe
  • Resources
    • Industry events
  • About us
    • About Banking Day
    • Advertise
    • Feedback
    • Contact Banking Day
  • Search
  • Login
  • My account
    • Account settings
    • User Admin
    • Logout

Login or request a free trial

Mirvac selling bonds

22 September 2010 4:36PM
Mirvac, a lesser property developer, yesterday joined an unusual short list, taking fourth place in an interesting queue of vendors of own-name term loans in the capital market over the last week or so.Santos, Woolworths and Asciano last week got set in euros and US dollars, all three names with more than enough recognition to tap a wider investment pool.Mirvac makes do with Australian investment pools, and yesterday hit the market for at least $150 million in six-year debt.The seller said it was looking at pricing for the notes around 250 basis points over swap.Mirvac expects a BBB rating from Standard & Poor's. The group sold $150 million of five-year debt in March at 265 basis points over swap, Reuters reported.

I'm a returning subscriber

*
Password reset *
Login

Request a free trial

  • Emailing you the news at 7am.
  • Covering core lending and funding issues, strategy, payments, regulation, risk management, IT, marketing and more.
  • Original news and summaries of major stories from other media – ditch your newspaper subscriptions.
  • Focused on banking and finance, saving you the time spent wading through newspapers and other services.
  • With reporting from former editors and senior writers from the AFR and The Australian.
  • Configured for your phone, laptop and PC.
Free trial Banking Day

Consumer lending

  • Latitude, Harvey Norman liable for interest free GO card con

Copyright © WorkDay Media 2003-2025.

Banking Day is a WorkDay Media publication

WorkDay Media Unit Trust

  • Privacy policy
  • Terms of access and use