Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Transurban Group    TCL   AU000000TCL6

TRANSURBAN GROUP

(TCL)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 01/18
12.79 AUD   -0.39%
03:34aFINANCIAL INCLUSION ACTION PLAN REPORT : Our Foundation FIAP's achievements
PU
2020TRANSURBAN GROUP : Ex-dividend day for interim dividend
FA
2020TRANSURBAN : Names New CFO
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Transurban : Prices US$900M Issuance in the 144A/Reg S Market

09/10/2020 | 04:30am EST

asx release

10 September 2020

TRANSURBAN SUCCESSFULLY PRICES

US$900 MILLION ISSUANCE IN THE 144A / Reg S MARKET

Transurban announces that Transurban Finance Company Pty Limited, Transurban Group's financing vehicle, has priced US$900 million of senior secured 10.5 year notes ("Notes") in the 144A / Reg S Market.

The Notes priced on 9th September 2020 (New York time) and settlement is expected to occur on 16th September 2020 (New York time), subject to customary closing conditions. All proceeds will be swapped into Australian dollars at a fixed interest rate and will be used to assist with funding our development pipeline and for general corporate purposes. The Notes will rank equally with Transurban's existing senior secured debt facilities and will mature in March 2031.

Transurban CFO Adam Watson said of the transaction: "We received strong support from our US and Asian investors and continue to see this market as an attractive source of funding to support our development pipeline and capital management strategy. Pricing was attractive and well inside Transurban Group's average cost of funding."

Investor enquiries

Media enquiries

Tess Palmer

Sarah Chapman

Head of Investor Relations

Manager, Media and Communications

+61 458 231 983

+61 400 841 898

This announcement is authorised by Transurban CEO, Scott Charlton.

Classification

Transurban Group

Transurban International Limited

ABN 90 121 746 825

Transurban Holdings Limited

ABN 86 098 143 429

Level 31

Transurban Holding Trust

Tower Five, Collins Square

ABN 30 169 362 255

727 Collins Street

ARSN 098 807 419

Docklands

Victoria 3008 Australia

corporate@transurban.com

Telephone +613 8656 8900

www.transurban.com

Facsimile +613 8656 8585

Disclaimer

Transurban Group Ltd. published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2020 08:29:06 UTC


© Publicnow 2020
All news about TRANSURBAN GROUP
03:34aFINANCIAL INCLUSION ACTION PLAN REPO : Our Foundation FIAP's achievements
PU
2020TRANSURBAN GROUP : Ex-dividend day for interim dividend
FA
2020TRANSURBAN : Names New CFO
MT
2020TRANSURBAN : Appointment of Chief Financial Officer
PU
2020TRANSURBAN : Financial Close on WestConnex Refinancing
PU
2020MORGAN STANLEY : rates TCL as Equal-weight
AQ
2020TRANSURBAN : Sells Stake in Chesapeake Assets for $2.1 Billion Gross Proceeds
DJ
2020TRANSURBAN : Chesapeake Partnership and Traffic Update
PU
2020TRANSURBAN : WestConnex Successfully Closes A$4.2 Billion Refinancing
PU
2020TRANSURBAN : Appendix 2A
PU
More news
Financials
Sales 2021 3 454 M 2 662 M 2 662 M
Net income 2021 -34,3 M -26,4 M -26,4 M
Net Debt 2021 19 878 M 15 320 M 15 320 M
P/E ratio 2021 -1 018x
Yield 2021 3,09%
Capitalization 35 000 M 26 894 M 26 974 M
EV / Sales 2021 15,9x
EV / Sales 2022 14,5x
Nbr of Employees 1 700
Free-Float 93,7%
Chart TRANSURBAN GROUP
Duration : Period :
Transurban Group Technical Analysis Chart | TCL | AU000000TCL6 | MarketScreener
Technical analysis trends TRANSURBAN GROUP
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 14,44 AUD
Last Close Price 12,79 AUD
Spread / Highest target 30,8%
Spread / Average Target 12,9%
Spread / Lowest Target -6,18%
EPS Revisions
Managers and Directors
NameTitle
Louis Scott Charlton Chief Executive Officer & Executive Director
Lindsay Philip Maxsted Chairman
Thomas Patrick McKay CFO, General Manager-Treasury & Capital Markets
Simon Moorfield Group Executive-Customer & Technology
Neil Gregory Chatfield Independent Non-Executive Director