Deutsche to lead HBOS bond

Australia
Deutsche, HBOS
Debt

(26 February 2007 – Australia) The Sydney office of HBOS Treasury Services has mandated Deutsche Bank to be lead manager and book runner of an Australian dollar bond issued under its domestic A$10 billion programme.Deutsche will run debt road shows in Sydney, Melbourne and Brisbane this month and a benchmark sized A$ bond issue is expected to follow.

The issuer is the single integrated Treasury for HBOS, and is wholly owned and guaranteed by The Governor and the Company of The Bank of Scotland.

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