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.
Related posts
Haeco Private Jet Solutions obtains EASA DOA
By
Dino D'Amore
7th December 2018