Transurban accepts $118.5m in USD bond tender offers, issues new securities

Transurban Group announced the indicative results of its USD tender offer, where $259,680,000 in aggregate principal amount of USD notes were validly tendered. The offeror intends to accept valid offers for purchase up to an increased maximum acceptance amount of $118,500,000 in aggregate principal amount of USD notes. Pricing is expected on December 3, 2025, with settlement on December 5, 2025.

In a related announcement, Transurban Group applied for the quotation of 101,080 fully paid ordinary/units stapled securities issued on December 2, 2025. These securities, provided at no cost to eligible employees under the Transurban ShareLink Share Offer Plan, will rank equally with existing issued securities.

Following this quotation, the total number of quoted securities for TCL will be 3,114,783,927, and unquoted performance awards will total 3,801,106. The issue of these 101,080 securities used the entity's 15% placement capacity under listing rule 7.1 without security holder approval.