Transurban Finance Company, a subsidiary of client Transurban Group (Transurban), completed a Rule 144A/Reg S offering of $550 million of senior secured fixed-rate notes due 2036. The transaction marked Transurban’s first notes offering in the Rule 144A market since 2020.
Transurban Group is the largest publicly-listed toll road operator in Australia with a diversified portfolio of 22 operational urban toll roads across Australia and North America.
The S&C team that represented Transurban consisted of Wally Jones, Ben Fleming, Michelle Thiry and Karina Poon. Jeff Hochberg, Saul Brander and Julia Fleurantin advised on U.S. taxation matters, and Vanessa Blackmore, Ruby Avison and trainee solicitor Alex Goulding advised on UK/EU matters.