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Published on 3/16/2021 in the Prospect News Liability Management Daily.

Australia’s APT Pipelines calls 1.375% notes due 2022 for redemption

Chicago, March 16 – APT Pipelines Ltd. has issued a notice of redemption for its €700 million outstanding 1.375% series 4, tranche 1 notes due March 22, 2022 (ISIN: XS1205616268), according to a news release.

The notes will be redeemed at par plus a make-whole premium based on the Bund due Jan. 4, 2022 plus 20 basis points.

Interest from March 22 to April 29 will also be paid, equal to €1.43 per €1,000 note.

The redemption date is April 29.

The natural gas pipeline infrastructure operator is based in Sydney.


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