• Dalrymple Bay Infrastructure Ltd (DBI) prices AUD$350m 5-year fixed rate bond issuance
• Coupon of 6.234% per annum, representing a 160 basis point issue margin to S/Q ASW
• Issuance is expected to be rated BBB by Standard & Poor's

Dalrymple Bay Infrastructure Limited (ASX:DBI) ('DBI' or 'the Company') announces that, via its subsidiary Dalrymple Bay Finance Pty Limited ('DB Finance'), it has successfully priced an inaugural A$350m 5 year fixed rate bond issuance in the Australian Medium-Term Note market. The senior secured notes have a fixed coupon of 6.234% per annum, representing an issue margin to S/Q ASW of 160 basis points. The final order book was more than 2.5x over-subscribed, reflecting strong support for DBI's credit. The issuance is expected to be rated BBB by Standard & Poor's, consistent with the current DB Finance rating. Settlement of the notes is expected to occur on 24 March 2026, subject to customary closing conditions. ANZ, Barclays/Barrenjoey and Westpac acted as joint lead managers on the transaction. The issuance is part of DBI's ongoing capital management strategy and will further diversify DBI's funding sources. The issuance will be leverage neutral, while continuing to provide DBI with necessary liquidity to fund its committed non-expansionary capital expenditure program.

The issuance will be leverage neutral, while continuing to provide DBI with necessary liquidity to fund its committed non-expansionary capital expenditure program.