Liberty Financial prices its twelfth medium-term note issue

08 Mar 2023 |

Liberty Financial Pty Ltd (“Liberty”) today successfully priced its twelfth senior unsecured medium-term note issue (“MTN”). Since establishment of the MTN program, Liberty has issued an aggregate value of approximately A$2.1 billion. Barrenjoey, Deutsche Bank, National Australia Bank and Westpac Institutional Bank are Joint Lead Managers.

The transaction comprises A$175 million five-year floating rate MTN due 16 March 2028. The MTN will bear an interest rate of three-month BBSW plus 3.80%, payable quarterly.

The MTN will be issued pursuant to the Information Memorandum dated 5 March 2015 and the related pricing supplement. The transaction will settle on 16 March 2023. Liberty is investment grade rated BBB- (Positive Outlook) by Standard and Poor’s (Australia).

“Liberty is a leader in providing households and small businesses with the freedom to choose from a wide range of products and services to meet their financial needs. We are grateful for the support of our investors and look forward to continually building a successful MTN program,” added Peter Riedel, Chief Financial Officer at Liberty.

Liberty is a member of the Liberty Financial Group (ASX: LFG).

© Liberty Financial Group Limited (ACN 125 611 574) and Liberty Fiduciary Ltd (ACN 119 884 623).