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Ampol Limited (ASX:ALD)

ALERT: Price-sensitive ASX Announcement for ALD
Current share price for ALD : $37.550 6.35 (20.35%)+
Announcement
Release
24 Oct 2025 8:33AM
Price at Release
$31.200
Full Release
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Summary
Ampol Limited announced the successful pricing of A$500 million of subordinated notes due in 2055. These notes are a part of Ampol’s capital management strategy and will be used to repay debt and for general corporate purposes. The transaction is set to refinance existing notes callable in March 2026 and has been well-received across investors in Australia, New Zealand, and Asia. The notes will enhance Ampol’s financial flexibility and support its credit rating.
Key Points
  • Ampol successfully priced A$500 million of subordinated notes.
  • The notes are due in 2055.
  • Settlement is expected on or around 30 October 2025.
  • The proceeds will repay debt and support general corporate purposes.
  • The notes help refinance existing notes callable in March 2026.
  • Moody's is expected to give the notes 50% equity credit.
  • Interest is payable semi-annually at a fixed rate until 2034, then a floating rate.
  • The notes are subordinated to senior debt but senior to ordinary shares.
  • They are redeemable at par starting January 2034.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.