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BRIEF-CSL closed new US$550 mln private placement in US
October 13, 2016 / 10:56 PM / a year ago

BRIEF-CSL closed new US$550 mln private placement in US

Oct 14 (Reuters) - CSL Ltd :

* On 13 October 2016 it closed a new USD550 million private placement in US

* Private placement has a weighted average interest rate of 3.0% and an average life of 12.5 years

* New facility was for AUD350 million bank facility and has a three year maturity

* Proceeds from new debt raisings will be used to fund group’s capital management plan and for general corporate purposes Source text for Eikon: Further company coverage:

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