SAFA to raise A$1.5 billion across multiple lines in “open tap”
- Wednesday, 01 April 2020
On 1 April, South Australian Government Financing Authority (SAFA) revealed its intention to execute an “open tap” of any or all of its bond lines maturing in 2022, 2024, 2026, 2028, 2030 and 2032 for an aggregate of A$1.5 billion (US$922.5 million). The taps may be executed in one or multiple transactions.
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