Pacific National hires for A$, GBP or US$ 10yr bond

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Pacific National Holdings, rated BBB–/BBB– (S&P/Fitch), the parent company of Pacific National Finance, has mandated BNP Paribas, CBA, Credit Suisse, MUFG and NAB to arrange investor meetings across Australia, Asia and the UK from September 2.

SINGAPORE, Aug 27 (IFR) - Pacific National Holdings, rated BBB–/BBB– (S&P/Fitch), the parent company of Pacific National Finance, has mandated BNP Paribas, CBA, Credit Suisse, MUFG and NAB to arrange investor meetings across Australia, Asia and the UK from September 2.

A benchmark Australian dollar, sterling or US dollar senior unsecured Reg S bond offering with a 10-year maturity may follow, subject to market conditions.

The proposed bonds will be issued through Pacific National Finance off the Australian rail freight operator's A$3bn MTN programme.

(Reporting by Daniel Stanton; Editing by David Holland)

((daniel.stanton@thomsonreuters.com; +65 64174548; Reuters Messaging: daniel.stanton.thomsonreuters.com@reuters.net))

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