CBA adds 25 mln Swiss francs to 2011 note issue

Sun Feb 3, 2008 11:09pm GMT
 
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 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, Feb 4 (Reuters) - Commonwealth Bank of Australia
(CBA) (CBA.AX: Quote, Profile, Research) has added 25 million Swiss francs ($23 million)
to a note issue maturing in 2011, sole lead UBS said.
 The increase offers the same terms as the initial 300
million Swiss francs issue which priced late January.
 The offer consisted of two bond issues of 150 million Swiss
francs with the same terms.
 The offer details are as follows:
 Issuer:         Commonwealth Bank of Australia
 Facility:       Floating rate euronote increase
 Amount issued:  300 million Swiss francs
 Total on issue: 325 million
 Maturity:       Feb. 8 2011
 Set date:       Feb. 8
 Coupon:         +30 bps over Swiss Libor
 Margin:         +30 bps over Swiss Libor
 Issue price:    100
 Lead:           UBS
 Issuer rating:  AA (S&P), Aa1 (Moody's), AA (Fitch)
 ($1=1.09 swiss francs)
 (Reporting by Cecile Lefort)  

 

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