Liberty Financial prices its thirteenth medium-term note issue

01 Mar 2024 |

Liberty Financial Pty Ltd (“Liberty”) today successfully priced its thirteenth senior unsecured medium-term note issue (“MTN”). Since establishment of the MTN program, Liberty has issued an aggregate value of approximately A$2.4 billion. Barrenjoey, Deutsche Bank, National Australia Bank and Westpac Institutional Bank are Joint Lead Managers.

The transaction comprises A$250 million five-year floating rate MTN due 8 March 2029. The MTN will bear an interest rate of three-month BBSW plus 3.75%, 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 8 March 2024. Liberty is investment grade rated BBB- (Positive Outlook) by Standard and Poor’s (Australia).

“Liberty is proud to offer borrowers of all kinds more choice, with a wide variety of products and services to meet a variety of financial needs,” said Peter Riedel, Chief Financial Officer at Liberty.

“The success of our MTN program would not be possible without the support of our investors – we are grateful for their continued partnership.”

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).