ASX:CBABanks
Does New A$2.75 Billion Senior Funding Mix Shift the Bull Case For Commonwealth Bank (ASX:CBA)?
Earlier this month, Commonwealth Bank of Australia completed two senior unsecured note issues maturing in July 2031, raising A$250.00 million in fixed 5.148% notes and A$2.50 billions in floating-rate medium-term notes, both priced at 100% of face value.
These sizeable, unsecured bond offerings highlight CBA’s continued access to institutional funding markets and its willingness to balance fixed and variable interest costs across its debt profile.
We’ll now examine how this fresh A$2.75...