Ashurst has advised Credit Suisse AG, Sydney Branch (Issuer) in relation to the issuance of A$750 million senior, unsecured Floating Rate Notes due 24 August 2018 under its Australian Debt Issuance Programme.
This is the Issuer's second domestic deal in 2015, and Ashurst also acted for the Issuer on its first deal under its Australian Debt Issuance Programme for the year.
Lead partner Paul Jenkins said: "It's good to see Credit Suisse involved in its second benchmark deal in the domestic market this year. Lloyd's Bank was also active last week with its second Kangaroo transaction and we are expecting it will be a busy period with other financial institutions looking at opportunities in the current market."
Paul was assisted by Caroline Smart (Senior Foreign Associate) and Timon Ibrahim (Graduate).