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ENERGY & OFFSHORE | Staff Reporter, Singapore

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. 

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