Second bond issuance for Qantas

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By TESTCustomwebLP TESTCustomwebLP June 3, 2014 16:50

Second bond issuance for Qantas

Local news reports suggest that Qantas intends to issue a second round of high-yield bonds to raise $100 million to help pay down debt. The move follows it first issuance of $300 million eight-year bonds in May.

The new issuance features seven-year notes, due 2021, with price set at 385 basis points over the swap rate. Deutsche Bank is managing the sale.

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By TESTCustomwebLP TESTCustomwebLP June 3, 2014 16:50
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