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Transurban Queensland Secures A$255 Million in Note Issuance

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Transurban Queensland Secures A$255 Million in Note Issuance

Confident Investing Starts Here:

The latest update is out from Transurban Group ( (AU:TCL) ).

Transurban Queensland, a part of the Transurban Group, has successfully priced A$255 million in senior secured notes under its Australian Medium Term Note Programme. This issuance, set to mature in 2032, is expected to bolster the company’s financial standing and enhance its capacity to manage existing debt, reflecting positively on its operational stability and market position.

The most recent analyst rating on (AU:TCL) stock is a Hold with a A$13.33 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 infrastructure industry, primarily focusing on the development and management of toll roads. The company operates in various markets, with a significant presence in Australia, where it provides essential transportation services.

Average Trading Volume: 6,914,774

Technical Sentiment Signal: Buy

Current Market Cap: A$44.45B

See more data about TCL stock on TipRanks’ Stock Analysis page.

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