Media ReleasesDEXUS Property Group

View All DEXUS Property Group News


Dexus Announces Successfully Priced Long-Dated US Private Placement

Dexus today announced that it has successfully priced a long-dated US Private Placement (USPP) offering for a total of A$653 million (equivalent), including both US$ and A$ tranches.

The USPP issuance will comprise four tranches of notes totalling US$385 million and A$150 million across tenors of 12 and 15 years, equating to an average duration of 13.5 years. After converting the US dollar tranches into Australian dollars, the average margin on the US$ tranches will be 175 basis points over BBSW. Further, the A$ tranche has been issued at an average fixed coupon of 4.68%.


For further information please download PDF attached:
Download this document