Street Talk
Ausdrill hires bankers, lawyers to prepare fundraising
Bulked up mining services company Ausdrill is mapping out a return to offshore debt markets.
Fresh from refinancing revolving credit facilities to the tune of $300 million, it is understood Ausdrill has hired a bunch of advisers to prepare the company for a potential United States dollar bond issue that would be worth about $500 million.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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