Transurban Group (ASX:TCL) said Transurban Finance, Transurban's financing vehicle, has added a new AU$825 million tranche to its existing syndicated bank debt facility, increasing the total facility size to AU$3.48 billion, according to a Thursday Australian bourse filing.
The new AU$825 million tranche has a tenor of four years.
The company's shares rose past 1% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.