2010 Media Releases
October 20, 2010
Deutsche Bank mandated by QTC to establish new benchmark bond line
QTC has mandated Deutsche Bank to establish a new 6.0% 21 August 2013 AUD benchmark bond line.
QTC will issue this new nominal bond through a consolidation switch program utilising a book-build process.
The new bond will carry the full guarantee of the State of Queensland. However, QTC will not be applying to have the bond guaranteed under the Australian Government Scheme for State and Territory borrowing. The deal will be launched today and priced in the near future, subject to market conditions.
For futher information, please contact:
Michelle Chaperon +61 (0) 2 8258 1311
Kate Abrahams +61 (0) 2 8258 2416