ASX:DBIInfrastructure
How Investors Are Reacting To Dalrymple Bay Infrastructure (ASX:DBI) Oversubscribed A$350m Five‑Year Bond Issue
Dalrymple Bay Infrastructure recently completed its inaugural A$350,000,000 five‑year BBB‑rated Australian Medium‑Term Note, paying a 6.234% fixed coupon and more than 2.5 times oversubscribed, to fund committed non‑expansionary capital expenditure at its coal export terminal.
By accessing a new domestic bond market to diversify funding while keeping leverage neutral, the company underscored debt investors’ confidence in its credit profile and approach to maintaining infrastructure...