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

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))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More