Oct 12 (Reuters) - Atlas Arteria Group (ALX) :
- CHICAGO SKYWAY REFINANCING UPDATE
- CHICAGO SKYWAY HAS PRICED US$155M OF INCREMENTAL BONDS VIA US PRIVATE PLACEMENT (USPP) MARKET
- CHICAGO SKYWAY HAS ALSO REACHED AGREEMENT ON PRICING FOR REFINANCING AND UPSIZING OF EXISTING BANK FACILITIES
- FINANCIAL CLOSE AND SETTLEMENT OF BONDS AND BANK FACILITIES IS EXPECTED IN MID/LATE OCTOBER
- NEW 10-YEAR US$155M USPP BOND WITH A FIXED ALL-IN COUPON OF 6.47%, WHICH REPRESENTS A 190BP MARGIN TO 10-YEAR US TREASURY YIELD
- AS AT FINANCIAL CLOSE, TOTAL DRAWN DEBT AT CHICAGO SKYWAY WILL INCREASE FROM US$1.39BN TO US$1.54BN
- TRANSACTION IS EXPECTED TO ENABLE CAPITAL RELEASES FROM CHICAGO SKYWAY TO ITS INVESTORS OF US$174M
Oct 12 (Reuters) - Atlas Arteria Group (ALX) : CHICAGO SKYWAY...
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Mkt cap ! $8.037B | |||
| Open | High | Low | Value | Volume |
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