VIRGIN Australia has issued $150 million in “senior unsecured fixed rate notes,” which will be taken up by debt markets, with a maturation date in 2023.
Settlement and completion of the proposed Notes is expected to take place on 30 May 2018, with the net proceeds to be used by the company to refinance part of a bond which matures in Nov 2019, as well as for “general corporate purposes”.
Source: traveldaily