Transurban Group (ASX:TCL) through Cross City Tunnel, the company's tunnel that links Sydney's Darling Harbour with Rushcutters Bay, secured a new bank facility of AU$265 million to refinance its existing debt and fund associated transaction costs, according to a Tuesday filing with the Australian bourse.
The new facility will mature in December 2027, the filing said.
Shares of the company rose 1% in recent Tuesday trade.