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Sydney News - (AFX UK Focus) 2009-06-12 07:08 Australia's Tabcorp to issue A$150 mln debt (Interactive Investor)


 
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home > news (AFX UK Focus) 2009-06-12 07:08 Australia's Tabcorp to issue A$150 mln debt (Interactive Investor)

(AFX UK Focus) 2009-06-12 07:08 Australia's Tabcorp to issue A$150 mln debt (Interactive Investor)




SYDNEY, June 12 (Reuters) - Tabcorp Holdings Ltd, Australia's biggest gaming company, is planning to raise A$150 million ($122 million) through an institutional note issue, it said on Friday. The notes will provide investors with quarterly interest payments, calculated as a fixed margin of 4.25 percent over the three-month bank bill rate. The notes will mature on May 1, 2014, and will not be ...


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