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Lend Lease to herald further SGD deals from Aussie corps
July 19, 2012
Lend Lease is the first Australian corporation to tap the SGD market for more than 10 years and the reduction in the cost of funding will encourage similar deals to follow.
Many offshore issuers have tapped the Singapore dollar market this year but property developer Lend Lease Finance is the first Australian corporation to do so in more than ten years. The deal’s success and pricing arbitrage over the domestic market...
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