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28 Mar, 2018

USPP Market – Why Do We Care?

By |2018-03-28T22:58:06+11:00Mar 28, 2018|Case Study, Education|

Tabcorp recently announced that it had successfully priced US$1.4 billion long-term notes to investors in the US Private Placement (USPP) market. The placement comprises four USD and two AUD-denominated tranches, with maturities evenly spaced between 8 – 18 years. The notes will be issued in June 2018. All USD proceeds will be swapped into AUD, resulting in total AUD proceeds [...]