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CSL closes $700M US private placement

CSL Ltd. closed a $700 million private placement in the U.S.

The company said the new debt facilities will lengthen its current debt maturity profile.

The oversubscribed placement comprises $250 million maturing in 10 years at 3.17% interest, $200 million maturing in 12 years at 3.32% interest, $150 million maturing in 15 years at 3.47% interest and $100 million maturing in 20 years at 3.77% interest.

The company plans to use proceeds for general corporate purposes.