QAN 0.42% $6.04 qantas airways limited

So, to get my understanding of this correct...Qantas are about...

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    So, to get my understanding of this correct...

    Qantas are about to pay off an expiring $400m bond debt by using another $500m bond debt?

    Kind of like paying off one credit card with another credit card? Or just like a balance transfer from one bank to another?

    https://hotcopper.com.au/data/attachments/2433/2433291-1cb856e978351fb3930de690e75a5a1e.jpg
 
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