APA's 10-year a clear sign of market potential, leads claim
- Thursday, 15 July 2010
Lead managers on the 2020 transaction priced on July 15 by APA Group (APA)'s (BBB/Baa2) wholly-owned subsidiary, APT Pipelines, say the deal is a clear demonstration of the capacity of the Australian corporate market to offer volume and term. The offer was upsized to A$300 million (US$264.12 million) at a margin of 240 basis points over swap.
