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AusNet Services Announces Successfully Prices NOK 1B Offer

10 Jan 2017  |  11:51:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AusNet Services Successfully Prices NOK 1B Offer

AusNet Services announced that it has successfully priced a Norwegian Kroner 1.0bn, 10.5-year (NOK) bond issue to raise AUD$160m. The proceeds will be used to refinance existing debt and fund capital expenditure. The Company maintains a diversified debt maturity profile and accesses its funds from a variety of sources. As at 9 January 2017, the Company had A$650m of undrawn committed bank debt facilities.

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