Debt Investors

Bank Loans

Aurizon Finance has bilateral bank debt facilities totalling $A625m and Aurizon Network has bilateral bank debt facilities totalling $A1.2b.

Australia Dollar Corporate Bonds

In October 2013 Aurizon Network priced a 7 year Medium Term Note (“MTN”) with a face value of $525 million, maturing on 28 October 2020. The bond was issued at a fixed rate with a semi-annual coupon of 5.75 per cent per annum. The issuance represented Aurizon Network’s debut issue in the A$ bond market.

In June 2017, Aurizon Network priced a 7 year Medium Term Note (“MTN”) with a face value of $425 million, maturing on 21 June 2024.  The bond was issued at a fixed rate with a semi-annual coupon of 4.00 per cent per annum.

In September 2019, Aurizon Network issued a 10.5 year $A Private Placement  with a face value of $82 million, maturing on 22 March 2030. The bond was issued at a fixed rate with a semi-annual coupon of 2.885 per cent per annum.

In August 2020, Aurizon Network priced a 10 year Medium Term Note (“MTN”) with a face value of $500 million, maturing on 2 September 2030. The bond was issued at a fixed rate with a semi-annual coupon of 2.90 per cent per annum.

In March 2021, Aurizon Finance (Operations) priced a 7 year Medium Term Note (“MTN”) with a face value of $500 million, maturing on 9 March 2028. The bond was issued at a fixed rate with a semi-annual coupon of 3.00 per cent per annum. The issuance represented Aurizon Finance’s (Operations’) debut issue in the A$ bond market.

In June 2021, Aurizon Network issued a 10.5 year $A Private Placement with a face value of $75 million, maturing on 15 December 2031.  The bond was issued at a fixed rate with a semi-annual coupon of 3.291 per cent per annum.

Euro Corporate Bonds

In September 2014 Aurizon Network priced a 10 year Euro Medium Term Note ("EMTN") with a face value of Euro 500 million, maturing on September 2024. The bond was issued with a coupon of 2% per annum. The issuance represented Aurizon Network’s debut issue in the Euro bond market.

In May 2016 Aurizon Network priced a 10 year Euro Medium Term Note (“EMTN”) with a face value of Euro 500 million, maturing on 1 June 2026. The bond was issued with a coupon of 3.125% per annum.

Other Bank Loans - Working Capital Agreement

Aurizon Finance and Aurizon Network have bilateral working capital facility agreements for A$125m and A$75m respectively. These facilities are reviewed on an annual basis.