The university is issuing $50m in 20 year bonds at 3 per cent
The money will go to completing a building at the Melbourne campus and fund capex. It follows the university’s 2017 sustainability bond which raised $200m for ten years at 3.7 per cent (CMM February 28 2018).
The university separately proposes to reduce recurrent expenditure with $42m in staff savings by 2022 (CMM October 16).