Downer launches four year Australian bond deal
- Wednesday, 21 October 2009
Downer EDI (Downer) (BBB) has launched a four year domestic bond transaction, targeting a minimum size of A$100 million (US$92.4 million) in the National Australia Bank, UBS Australia and Westpac Institutional Bank-led transaction. The deal is likely to be the first Australian corporate transaction since Wesfarmers (BBB+/Baa1) sold A$500 million of 2014 notes on September 4.