Tuesday 24 November 2015 by Company factsheets

Transurban Queensland Finance Pty Ltd AUD 4.90% 8 December 2021 senior secured bond factsheet

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AUD 4.90% 8 December 2021 Senior Secured Bond

Transurban Queensland Finance Pty Ltd (previously named Sun Group Finance) is the finance subsidiary of the Transurban led consortium (Transurban Queensland or ‘TQ’) which manages a network of toll roads in Brisbane. On 24 April 2014, Transurban announced that it led the TQ consortium, which reached an agreement to acquire the Queensland Motorways Group for A$6.787 billion. Transurban owns 62.5% of TQ, while AustralianSuper holds a 25% interest and Tawreed Investments Limited, a wholly owned subsidiary of the Abu Dhabi Investment Authority, holds the remaining 12.5% interest.

The Queensland Motorways Group portfolio is a motorway network in Brisbane comprising four concessions covering the Logan and Gateway Motorways, CLEM7, Go Between Bridge and Legacy Way. The acquisition of Queensland Motorways Group closed on 2 July 2014. In addition, on 24 November 2015, Transurban announced the acquisition of AirportLink, another Brisbane toll road, for approximately $2bn (47% debt funded), which will provide Transurban with an effective monopoly position in the Brisbane toll road market.