New Zealand based Savings Bank ASB Bank Ltd has finalised a private placement in the USD Fixed Rate Poon Choi Medium Term Note market. The financing matures in 2026 and was executed by a single dealer.
A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
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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] |
| Structure | Fixed Rate |
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A Poon Choi bond is an HKD-denominated bond issued by a non-Hong-Kongese entity in the Hong-Kongese Foreign Bond market.
Check here for all issuer’s year to date financings.