On January 9, Reuters announced a US$3.075 billion bond offering by the Commonwealth Bank of Australia. The following is reproduced from the announcement:
US$3.075 billion of 144a reg S bonds priced on Jan. 9. Offer included US$2.5 bln 3-year bonds at 78bp/ swap and US$575 mln 5-year bonds at 85bp/swap.
Nearly 100 investors in Asia, the U.S. and Europe. Buyers mostly included asset managers and banks.
Describe this bond offering.