Tabcorp CEO highlights funding flexibility with retail bond offer
- Wednesday, 25 March 2009
Tabcorp (BBB+) today launched a five-year A$200 million (US$142 million) bond offering to both retail and institutional investors by lodging a prospectus with the Australian Securities and Investment Commission (ASIC). Price guidance is 400-450 basis points over the three-month bank bill swap rate (BBSW), with the margin to be set on April 1.
