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An announcement from Transurban Group ( (AU:TCL) ) is now available.
Transurban Group has announced the indicative results of its Euro Bond Tender Offers, which involved the purchase of €500 million 1.75% Fixed Rate Notes due 2028 and €750 million 3.00% Fixed Rate Notes due 2030. The company plans to accept approximately €259 million of the 2028 Notes and €150 million of the 2030 Notes, with a pro-ration factor of 57.6389% for the latter. This move is part of Transurban’s strategic financial management, potentially impacting its financial stability and investor relations.
The most recent analyst rating on (AU:TCL) stock is a Hold with a A$13.93 price target. To see the full list of analyst forecasts on Transurban Group stock, see the AU:TCL Stock Forecast page.
More about Transurban Group
Transurban Group is a prominent player in the transportation infrastructure industry, primarily focusing on the development and management of toll roads. The company operates internationally, with a significant presence in Australia and North America, and is known for its innovative approaches to urban congestion and sustainable transport solutions.
Average Trading Volume: 4,600,401
Technical Sentiment Signal: Buy
Current Market Cap: A$46.16B
For a thorough assessment of TCL stock, go to TipRanks’ Stock Analysis page.