Downer EDI (ASX:DOW) $200M medium term debt

Company News

by Katrina Bullock

Integrated services provider, Downer EDI (ASX:DOW) Group Finance, priced an issuance of $200 million medium term debt instruments at a fixed rate of 3.7 per cent.

This is part of its billion dollar debt issuance program.

The debt Instruments will not be quoted as a wholesale debt listing on the ASX or on any other exchange.

The lead manager in respect of the transaction is Westpac Banking Corporation.

Shares in Downer EDI (ASX:DOW) are trading 0.06 per cent lower at $7.79

Katrina Bullock

Finance News Network
Katrina is a respected TV journalist, as well as a renowned presenter and award winning lawyer. She holds a Bachelor of Laws (Honours 1st class, division 1), a Bachelor of Business (with Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She began her career as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel of Greenpeace Australia Pacific. In 2020 Katrina was named one of the 30 best lawyers in Australia under 30 by Lawyer's Weekly.