AusNet Services prices 10.5-year bonds worth $518.55m
The bonds will have a 4.2% coupon.
AusNet Services priced its $518.55m (A$500m) bond issue to refinance its existing debt and fund continued asset base growth.
According to an announcement, the bonds will have a 4.2% coupon and a maturity date of 21 August 2028.
As at 9 February 2018, AusNet Services had $394.18m (A$380m) of undrawn committed bank debt facilities.