Liberty Financial prices medium-term note issue

Liberty Financial Pty Ltd (“Liberty”) today successfully priced its fifteenth senior unsecured medium-term note issue (“MTN”). Since establishment of the MTN program, Liberty has issued an aggregate value of approximately A$2.7 billion. Barrenjoey, Deutsche Bank, National Australia Bank and Westpac Institutional Bank are Joint Lead Managers.

The transaction comprises A$300 million five-year floating rate MTN due 17 March 2030. The MTN will bear an interest rate of three-month BBSW plus 2.05%, payable quarterly. Eligibility for Reserve Bank of Australia repurchase agreements will be sought for this issue consistent with all other issues by Liberty’s MTN program.

The MTN will be issued pursuant to the Information Memorandum dated 5 March 2015 and the related pricing supplement. The transaction will settle on 17 March 2025. Liberty is investment grade rated BBB (Stable) by Standard and Poor’s (Australia).

“Liberty is proud to offer a wide range of customers more choice, with a variety of products and services to meet a breadth 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).