AECOM announces pricing of US $1.2 billion in senior unsecured notes due 2033
1. AECOM priced $1.2 billion in senior unsecured notes due 2033. 2. Notes offer 6.0% interest; positive for capital structure and cash flow.
1. AECOM priced $1.2 billion in senior unsecured notes due 2033. 2. Notes offer 6.0% interest; positive for capital structure and cash flow.
Issuing senior notes indicates financial confidence and provides liquidity for growth, similar to past successful issuances by companies for capital expansion.
The note offering reflects AECOM's strategy to strengthen financial footing amidst ongoing market demands, thus influencing stock performance.
Funds from the notes will enable AECOM to finance future projects, supporting long-term revenue growth as seen with infrastructure leaders' expansions leveraging debt.