Qantas Plans Australia’s First-Ever Issue of Junk-Rated Bonds

Status
Not open for further replies.

markis10

Veteran Member
Joined
Nov 25, 2004
Messages
30,449
Points
10
Qantas Airways Ltd. (QAN) is planning the first-ever junk-rated bond issue in Australia after it was stripped of its investment grade amid losses.
Australia’s largest airline hired Deutsche Bank AG to arrange a sale of eight-year fixed-rate notes, according to an e-mailed statement from the sale manager. The Australian dollar notes are being marketed to yield about 400 basis points more than the swap rate, three people familiar with the matter said, asking not to be identified because the terms aren’t set.

Qantas Plans Australia
 
Combining a phone charger and phone holder our Magnetic Wireless Car Phone Charger quickly charges your phone while driving without tangled cords!

Suitable for car dashboard air vent installation, our wireless phone charger makes phone calls and GPS navigation easier more convenient.

AFF Supporters can remove this and all advertisements

Status
Not open for further replies.

Enhance your AFF viewing experience!

From just $6 we'll remove all advertisements so that you can enjoy a cleaner and uninterupted viewing experience.

And you'll be supporting us so that we can continue to provide this valuable resource :)


Sample AFF with no advertisements? More..

Currently Active Users

Top