Edith Cowan University (ECU) A$150 million 12 year and A$100 million 20 year A$MTN bond issue.
“June 2021 – ECU once again retained DTW to provide specific advice and execution assistance for a long-dated debt issue. The funds raised are being used for ECU’s transformative Perth CBD campus project, which is co-funded with the federal government and due for completion in 2025. The Western Australian government is supporting the project by provision of land.
This curve-extending issue adds to ECU’s existing 2029 bond, and demonstrated solid ongoing investor support for the long-term credit fundamentals of both ECU and the sector more broadly.”