Transurban in EU notes issue

Group will use proceeds from €500m issue to repay existing short-term debt.

Transurban Group (TCL) will move forward with a €500 million issue, with proceeds set to go toward repaying existing short term debt and meeting forthcoming debt maturities.

In a statement to the Australian Securities Exchange, Transurban said the notes would be issued under its Euro Medium Term Note Programme and will mature in October 2020.

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