Scarcity value, sectoral views and tightening credit spreads support VPN’s record-breaking domestic return
- Tuesday, 15 August 2017
The cost of funding in Australian dollars is well inside other options at present, including US private placement (USPP). So says Victoria Power Networks (VPN)’s treasurer in the wake of its first domestic transaction in three-and-a-half years. A trio of factors enabled VPN to achieve record-breaking pricing.
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