In September 2015 we were welcomed back to the Australian corporate bond market with excellent trading on our seven-year, senior unsecured fixed rate issuance:
- We saw large offshore participation, particularly from Asia.
- Our book grew in excess of AUD650m over the course of the day.
- We were able to tightly price the transaction in line with our offshore curve.
- We achieved our target volume of AUD500m for the trade.
Telstra is Australia’s leading telecommunications and information services company, offering a full range of communications services and competing in all telecommunications markets. They have an international presence spanning 22 countries, including China. In Australia they provide 16.9 million mobile services, 7.2 million fixed voice services and 3.3 million retail fixed broadband services.