Transurban Refinanced $1,650 million Syndicated Bank Facility

  • Nov 08, 2019 AEDT
  • Team Kalkine

Transurban Group (ASX: TCL)) has announced that Transurban Finance Company Pty Ltd, financing vehicle, has successfully refinanced its existing $1,650 million Corporate Syndicated bank debt facility. The new facility consists of 2 tranches of $825 million with the tenor of three and five years, respectively.

The transaction refinanced the existing facility in advance before its maturity with the new facility continuing to be used to fund the ongoing construction to West Fate Tunnel and for general purpose.

The company’s CEO, Adam Watson commented “The Syndicated bank facility is one of the key sources of funding supporting the delivery of Transurban’s development pipeline including the West gate project”.

At AEST (12:58 PM), the stock was trading lower at $14.650, down by 1.678 per cent from the previous close.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK