Business
Qantas $A bond deal takes off – The Australian Financial Review
Qantas is pushing ahead with a 10-year Australian dollar bond issue after holding calls with bond investors last week.
Qantas is pushing ahead with a 10-year Australian dollar bond issue after holding calls with bond investors last week.
And while the airline has managed to retain an investment grade rating, the initial price guidance on the deal subjects it will be forced to pay sub-investment grade interest rates.
Qantas Airways is in front of bond investors on Monday. Jason South
Initial guidance was around 4.5 per cent of the swap rate rate, suggesting a coupon of around 5.4 per cent, according to terms …
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