Hills M2 long tenor refinancing out to banks

The long tenor follow-up to Transurban’s A$403 million ($275 million) 12-month non-recourse refinancing for the Hills M2 toll road in December 2019 has been launched to banks. NAB and MUFG reprise their roles as lead arrangers. The deal totals A$409 million split between a 10- and 15-year...