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Dexus Finance Pty Limited: Dexus prices A$500 million of subordinated notes 04.12.2025, 23:50 Uhr von EQS News Jetzt kommentieren: 0

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EQS-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Issue of Debt/Real Estate
Dexus Finance Pty Limited: Dexus prices A$500 million of subordinated notes

04-Dec-2025 / 23:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


Dexus (ASX: DXS)

ASX release

5 December 2025

Dexus prices A$500 million of subordinated notes

Dexus today announced that it has successfully priced an A$500 million subordinated notes issue (“Notes”) in the domestic Australian fixed income market, following strong demand from new and existing investors. The Notes reflect an implied yield of 5.48% based on current 3-month BBSW across two tranches, comprising:

  • A$250 million 30-year floating rate notes with a non-call period of 5.25 years at a margin of 1.75% over
    3-month BBSW; and
  • A$250 million 30-year fixed rate notes with a non-call period of 8.25 years at an initial coupon of 6.30%, that has been swapped back to floating to reflect the initial margin of 1.85% above 3-month BBSW.

The Notes do not contain any equity conversion features and are callable in March 2031 and March 2034, respectively. The Notes will receive 50% equity credit from Standard & Poor’s and Moody’s Investors Service credit rating agencies.

This capital management initiative will provide enhanced financial flexibility to pursue investment opportunities in line with strategy while ongoing capital recycling is underway. Investments will be considered in a disciplined manner to maintain balance sheet strength. In addition, the Notes will further diversify Dexus’s funding sources and extend its debt maturity profile.

The new issue is expected to settle on 10 December 2025.

Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited

For further information please contact:

Investors
Rowena Causley
Head of Listed Investor Relations
+61 416 122 383
rowena.causley@dexus.com
Media
Luke O’Donnell
Senior Manager, Media and Communications
+61 412 023 111
luke.odonnell@dexus.com

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

About Dexus

Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $50.1 billion. The Dexus Platform includes the Dexus listed portfolio and the funds management business. The $14.5 billion listed portfolio includes direct and indirect ownership of office, industrial, retail, healthcare, infrastructure, alternatives and other investments. We manage a further $35.6 billion of investments in our funds management business which connects third party capital with exposure to quality sector specific and diversified real asset products. The funds within this business have a strong track record of delivering performance and benefit from Dexus’s Platform capabilities. The Platform’s $13.3 billion real estate development pipeline provides the opportunity to grow both the listed and funds’ portfolios and enhance future returns. We are deeply connected to our purpose unlock potential, create tomorrow, reflecting our unique ability to create value for our people, customers, investors and communities over the long term. Our sustainability approach focuses on the priority areas where we believe we can make the most impact: Customer Prosperity, Climate Action and Enhancing Communities. Dexus is supported by more than 37,000 investors from 26 countries. With more than four decades of expertise in real asset investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering returns for investors. www.dexus.com

Dexus Funds Management Limited ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS)
(Dexus Property Trust ARSN 648 526 470 and Dexus Operations Trust ARSN 110 521 223)
Level 30, 50 Bridge Street, Sydney NSW 2000

 

 


04-Dec-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: Dexus Finance Pty Limited
264 George Street
2193 Sydney
Australia
Phone: +61 2 9017 1100
Fax: +61 2 9017 1101
E-mail: ir@dexus.com
Internet: www.dexus.com
ISIN: XS1961891220, XS2487637527
WKN: A2RZHG
Listed: Regulated Unofficial Market in Frankfurt
EQS News ID: 2240794

 
End of Announcement EQS News Service

2240794  04-Dec-2025 CET/CEST

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