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.