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Transurban Group Announces WestConnex Prices A$1.8bn US Private Placement

12 May 2021  |  10:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: WestConnex Prices A$1.8 Billion US Private Placement

Transurban Group announced that WestConnex Finance Company, the financing vehicle of the WestConnex Group (WCX), has priced A$1.8bn of fixed rate senior secured notes in the US Private Placement market (Notes). It owns a 25.5% interest in WCX. The Notes will be issued in four tranches of A$446m, A$446m, A$510m and A$350m, with tenors of 10.25, 12, 15 and 20 years, respectively.

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