Qantas to raise US$400 million

29th Mar 2006

Qantas Airways Limited has revealed plans to raise
US$400 million of unsecured debt.The Chief Financial Officer of Qantas, Mr Peter Gregg, said the funds were being raised
through a Rule 144A/Regulation S offering of 6.05% 10-year notes due 2016.
The offering was priced at 133 basis points over the 10 year US benchmark treasury bond.
The net proceeds from the offering will be used for general corporate purposes, which may
include the acquisition of aircraft and aircraft related assets.
“This is the fourth time that Qantas has accessed the US debt markets since 1993,” Mr
Gregg said.
“The notes were rated Baa1 by Moody’s Investor Services and BBB+ by Standard &
Poor’s, and were well received by investors. We are pleased with our ability to continue to
diversify our funding sources and extend our debt maturity profile.”


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