NBN Co’s Private Debt Grows to $12 Billion After Acquiring US Bond Markets
NBN Co was able to achieve a successful inaugural raise in US capital markets. From there, the company was able to raise US$2 billion, which is approximately AU$2.6 billion.
The overall issue was composed of a five-year bond priced at US$750 million, along with a ten-year bond priced at US$1.25 billion. The former is set to mature in May 2026