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