Australian Gas Networks Limited 3.04% 20 August 2025 AUD Senior Secured Inflation Linked Bond
Australian Gas Networks Limited (AGN) owns gas distribution networks in Victoria, South Australia, Queensland, New South Wales and the Northern Territory. The networks transport gas to domestic, commercial and industrial consumers via retailers, with Australia’s three largest energy retailers taking over 90% of the gas volumes.
AGN’s network consists of over 22,000 kilometres of mains pipeline and 1,120 kilometres of transmission pipeline servicing over one million customers across five states and territories. AGN currently outsources maintenance operations to the APA group under a long term operating agreement.
AGN is wholly owned by a consortium led by Cheung Kong Infrastructure, a listed infrastructure group based in Hong Kong.