Published on 5/23/2023 in the Prospect News Emerging Markets Daily.
New Issue: Australia’s NBN sells HK$500 million of 4.28% notes due 2033
By William Gullotti
Buffalo, N.Y., May 23 – NBN Co., Ltd. sold HK$500 million of 4.28% notes due 2033, according to a notice on Tuesday.
Listing for the notes is expected on the Singapore Exchange effective May 24.
NBN designed, built and operates Australia’s wholesale broadband access network. The company is wholly owned by the Commonwealth of Australia.
| Issuer: | NBN Co. Ltd.
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| Amount: | HK$500 million
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| Issue: | Notes
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| Maturity: | May 23, 2033
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| Coupon: | 4.28%
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| Settlement date: | May 23
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| Listing date: | May 24
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| ISIN: | XS2624500158
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