New Zealand based Savings Bank ASB Bank Ltd has finalised a private placement in the USD Floating Rate Euro Medium Term Note market. The financing matures in 2025 and was executed by a single dealer.
A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
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| Issuer Details | |
| Issuer | ASB Bank Ltd |
| LEI | 549300IBZWZL1KTPF918 |
| Industry | Bank - Savings |
| Country | New Zealand |
| Issuer Description | The Auckland Savings Bank. 75% owned by the Commonwealth Bank of Australia.. ASB Bank Limited provides a full range of commercial banking services for retail and corporate customers. The Bank offers deposit products, corporate banking, foreign exchange, home loans, credit cards, insurance, internet banking, and investment services. ASB Bank serves customers in Australia and New Zealand. |
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| Trade Details | |
| Security Type | MTN |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Floating Rate |
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| Term | [Login to see full details] |
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| Maturity Date | [Login to see full details] |
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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
Check here for all issuer’s year to date financings.