WSO nets A$535 million in a dual-tranche long-dated deal

WSO Finance (WSO) (A3/A-), the financing entity of the Westlink Motorway Group and 50 per cent subsidiary of Transurban, priced a dual-tranche deal on 24 March, adding a 10.5-year tranche earlier in the day to the 10-year tranches launched a day earlier. The tranches had price thoughts of 177 basis points and 180 basis points over semi-quarterly swap respectively

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