The University of Canberra (University) invites suitably qualified financial institutions to submit an Indicative Term Sheet in the form of an Expression of Interest (EOI) with indicative pricing for the provision of a cash advance facility of $60,000,000 to support the University’s short to medium-term liquidity requirements.

The University is a public University established under the University of Canberra Act 1989. The University’s power to borrow is subject to the Financial Management Act 1996 and limits that the ACT Treasurer approves. The University’s existing Treasury Authorisation (TI 2015/3) expires on 31 December 2025; however the ACT Treasurer has provided in-principle approval for the University to borrow $60m for a period of 6 years.