Closed

Loan facility with the NSW Treasury guarantee

Tender ID: 430116


Tender Details

Tender #:
-  
Status:
Closed
Publish Date:
4 September 2020
Closing Date:
7 September 2020

Tender Description

⁠⁠⁠Created in 1989 under the University of Technology Sydney Act of the New South Wales parliament, UTS has developed rapidly to become one of the largest and most respected universities in Australia. Located in the hub of Sydney's central business district, the UTS City campus is the heart of the University. Delivering professionally focussed courses and topical research, UTS is committed to practical education and development within an inter-national perspective. It is this unique combination of practicality, international awareness and city culture which distinguishes UTS from other universities.

UTS is looking to increase its liquidity reserves by leveraging the proposed NSW State Govt Guarantee.

UTS is contemplating a Bank revolver facility and would like to receive note interest for a 3 & 5 year tenor for $100m subject to internal credit approval.

Information will be made available to the interested parties during the period up to mid Sept. No further information is expected to be provided 


Location

New South Wales   :   Sydney