OMERS Finance Trust successfully completes offering of AUD term notes

OMERS Finance Trust (OFT) closed its AUD 750 million, 5-year AUD note. The notes are guaranteed by OMERS Administration Corporation (AC), rated Aa1/AA+/AAA (Moody's / S&P / Fitch). This marks OFT’s inaugural AUD offering.

ANZ, RBC Capital Markets and TD Securities acted as joint lead managers on the transaction. The 5-year AUD note priced at a yield of 4.517% which is equivalent to a spread of 69.6bps over the equivalent Australia Government Bond. The notes mature on October 16, 2029.