CSL Limited
(ASX:CSL) has announced it has closed a private placement and a new debt facility with two of its banks, as it seeks to lengthen the group’s current debt maturity profile.
The private placement raised US$500 million and consists of 3 maturities of 10, 12 and 15 year bullets.
The bank debt facility comes in at $350 million with a three year maturity, with terms similar to its existing bank facilities.
The private placement is the fifth the company has issued since 2011 and now has US$2.7 billion of private placement debt outstanding.
CSL Limited reported a net profit of $1.7 billion at 30 June 2016.
