Aurizon prices A$525 million in largest-ever single-tranche AUD deal for a triple-B corporate [UPDATED]
- Friday, 18 October 2013
On October 18, Aurizon Network (Aurizon) (BBB+/Baa1) – the rail freight group formerly known as QR National – priced its debut transaction in the domestic market. According to KangaNews data this is the largest-ever AUD deal for a triple-B rated corporate borrower in a single tranche. In September 2010, DBNGP Finance raised A$550 million (US$528.7 million) in one visit but this was divided between five-year fixed- and floating-rate pieces.
