Politics

NBN borrows $2.6 billion via US bonds

- April 28, 2021 < 1 MIN READ

The government-owned NBN Co has taken on a fresh $US2 billion (~$A2.6bn) in debt via a bond issue in the US as it seeks to wean itself off federal government funding. The issue was made up of a five-year bond of $US750m and a 10-year bond of $US1.25 billion. The five-year bond will mature in… Read more »

Topics

Just as the NBN roll-out ends, it’s borrowing another $3.5bn to upgrade the network with fibre to the home

- September 23, 2020 3 MIN READ

NBN Co. will borrow $3.5 billion in additional debt from the private sector in order to upgrade the broadband network to more than six million homes over the next three years. Just as NBN Co. is “finishing” the national broadband roll-out, federal communications minister, Paul Fletcher will outline the latest investment at the National Press… Read more »