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Transurban Group ( (AU:TCL) ) just unveiled an announcement.
Transurban Group has successfully completed a US$550 million issuance of senior secured 10.5-year notes in the 144A / Reg S market. This financial move is expected to strengthen Transurban’s financial position, enabling further investment in infrastructure projects and potentially enhancing its market standing in the transportation sector.
The most recent analyst rating on (AU:TCL) stock is a Buy with a A$16.10 price target. To see the full list of analyst forecasts on Transurban Group stock, see the AU:TCL Stock Forecast page.
More about Transurban Group
Transurban Group is a leading infrastructure company that operates and develops toll roads and related infrastructure. The company focuses on providing efficient transportation solutions primarily in Australia and North America, aiming to enhance connectivity and reduce congestion.
Average Trading Volume: 4,665,743
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$43.72B
For detailed information about TCL stock, go to TipRanks’ Stock Analysis page.