Judo Capital Holdings Limited (ASX: JDO) announced that it had successfully priced its inaugural public senior unsecured benchmark bond issuance. The company has issued a 3-year fixed rate note priced at 265 basis points over the three-year swap rate.
The issue of senior unsecured benchmark bond denotes another significant landmark against the implementation of the company’s comprehensive funding strategy and leverages the Bank’s investment grade credit rating of BBB- from S&P Global Ratings.
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