NBN Co raises $850m through Sustainability Bond issuance
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The news: Wholesale broadband network provider NBN Co has raised $850 million through its domestic Sustainability Bond issuance. This brings the total issuance to $9.5 billion, aimed at boosting its green and social projects across Australia.
The context: The Australian Medium-Term Note (AMTN) offering was priced on 12 March and settled on 19 March 2026, in a 10-year bond issuance.
The transaction marks NBN Co’s largest 10-year bond, as well as the highest Sustainability Bond issued in the domestic debt capital to date.
NBN said the proceeds will be used to fund the deployment of energy-efficient fibre and fixed wireless networks across regional and remote areas, enabling access to digital services and improve digital skills in the community.
The company said, despite heightened volatility in the global financial markets, NBN’s Sustainability Bond had attracted strong interest both domestically and across Asia.
What they said: “We’re immensely proud to have received such a positive reaction to our first ever Sustainability Bond offering in the domestic market. This transaction demonstrates the strength of our execution in an exceptionally busy and volatile market environment,” NBN Co executive general manager Fiona Trigona said.
The source: NBN Co media release
