Free Trial

UTILITIES: Ausgrid (AUSGF Baa1/BBB/NR): New Issue FV

UTILITIES
  • IPT: Exp. EU500m 8Y MS+160 Area.
  • Ausgrid has the 31s outstanding, a €525mn deal from 2021. It hasn’t shown any weakness since the mandate was announced.
  • The APAAU (Baa2/BBB/NR) curve provides a reasonable reference point for longer dates.
  • We see FV at MS+135a.

    AUSGF FV 04
40 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • IPT: Exp. EU500m 8Y MS+160 Area.
  • Ausgrid has the 31s outstanding, a €525mn deal from 2021. It hasn’t shown any weakness since the mandate was announced.
  • The APAAU (Baa2/BBB/NR) curve provides a reasonable reference point for longer dates.
  • We see FV at MS+135a.

    AUSGF FV 04