Charter Hall prices a $231.5m US Private Placement

Company News

by Rachael Jones

Charter Hall Group (ASX:CHC) has priced a $231.5 million US Private Placement which will mature in August 2028.

The Notes were issued with a fixed US$ coupon which has been 100 per cent hedged in Australian Dollars to floating rate, representing a margin of 2.05 per cent over the Australian bank bill swap rate.

The issuance is due to settle on 24 August this year, subject to customary investor due diligence and documentation.

The proceeds from the issuance are to be utilised to support CHC’s investment activities.

Shares in Charter Hall Group (ASX:CHC) are trading 0.16 per cent higher at $6.33. 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.