Aside from both companies being corporate US icons, General Motors and McDonald's also share something else in common – they both recently issued bonds in the Australian market for the first time. Show More

In August 2018, the Commonwealth Bank raised $3.5bn by issuing a dual tranche three and five year bond deal at a credit spread of 73 basis points (bps) and 93bps (respectively), in what was the largest corporate bond transaction since the Global Financial Crisis. Three months later Westpac took over... Show More