Qantas has issued A$125 million in unsecured fixed rate notes, maturing in April 2020. The notes are priced at 295basis points over the seven year swap rate. Settlement of the transaction is expected to occur on 26 April 2013. It will not affect Qantas’ overall debt position, with proceeds from the issue to be used to repay existing shorter term debt maturities. The transaction follows Qantas’ recent term loan refinancing on April 11 that successfully refinanced the A$430 million term loan tranche of its A$1.28 billion unsecured, syndicated loan facility to April 2017. The syndication resulted in over-subscriptions, part of

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