News: TCL Transurban group says Transurban Queensland updates onm US private placement

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Oct 20 (Reuters) - Transurban Group (TCL)

    • Transurban queensland us private placement-tcl.ax
    • Transurban queensland, in which transurban has a 62.5% interest, has priced approximately a$774 million of senior secured notes
    • Settlement is expected to occur over two stages in december 2016 and january 2017
    • All US$ proceeds from notes will be swapped into australian dollars and interest rate exposure will be hedged for term of notes.
    • Notes will be issued in four tranches of approximately a$204 million, a$293 million, a$177 million and a$100 million
    • Proceeds will be used to fully repay remainder of existing term bank debt which is due to mature in july 2019
    • US private placement, together with other recent debt raisings increased average length of transurban queensland's debt book to about 9 yrs
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$13.39
Change
0.000(0.00%)
Mkt cap ! $41.62B
Open High Low Value Volume
$13.48 $13.49 $13.30 $59.09M 4.416M

Buyers (Bids)

No. Vol. Price($)
1 220 $13.39
 

Sellers (Offers)

Price($) Vol. No.
$13.40 26480 5
View Market Depth
Last trade - 16.12pm 15/07/2025 (20 minute delay) ?
TCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.