Financial statements
Section B: Notes to the Group financial statements for the year ended 30 June 2024
Section B: Notes to the Group financial statements for the year ended 30 June 2024
B13 Borrowings (continued) Financing arrangements and credit facilities During FY24, Transurban executed the following financing transactions: July 2023 • Transurban Queensland reached financial close on a $500 million Institutional Term Loan (ITL) facility with tenors of 10 and 12 years. November 2023 • Transurban Queensland reached financial close on $250 million of senior secured notes under its Australian Medium Term Note (AMTN) Programme with a tenor of 6.5 years. • Transurban Queensland reached financial close on a $220 million ITL facility with tenors of 10 and 12 years. March 2024 • Transurban reached financial close on €500 million ($836 million) and €500 million ($836 million) of senior secured notes under its Euro Medium Term Note (EMTN) Programme with a tenor of 8 and 12 years. May 2024 • Transurban reached financial close on refinancing a letter of credit facility of USD49 million ($74 million) with a tenor of 1 year. June 2024 • Transurban reached financial close on refinancing $825 million working capital facility with a tenor of 5 years. • Transurban reached financial close on refinancing a letter of credit facility of USD150 million ($226 million) with a tenor of 3 years.
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