Downer upsizes 2013 domestic deal to maximum A$150 million
- Thursday, 22 October 2009
Having launched the transaction with a target volume of A$100 million (US$92.33 million) the day before, Downer EDI (Downer) (BBB) priced its new October 2013 maturity bond on October 22 with an upsize to the maximum quantity of paper the issuer was prepared to print: A$150 million. Margin on the deal was in line with the indicative level, at 375 basis points over swap.
