asx release

10 September 2020

TRANSURBAN SUCCESSFULLY PRICES

US$900 MILLION ISSUANCE IN THE 144A / Reg S MARKET

Transurban announces that Transurban Finance Company Pty Limited, Transurban Group's financing vehicle, has priced US$900 million of senior secured 10.5 year notes ("Notes") in the 144A / Reg S Market.

The Notes priced on 9th September 2020 (New York time) and settlement is expected to occur on 16th September 2020 (New York time), subject to customary closing conditions. All proceeds will be swapped into Australian dollars at a fixed interest rate and will be used to assist with funding our development pipeline and for general corporate purposes. The Notes will rank equally with Transurban's existing senior secured debt facilities and will mature in March 2031.

Transurban CFO Adam Watson said of the transaction: "We received strong support from our US and Asian investors and continue to see this market as an attractive source of funding to support our development pipeline and capital management strategy. Pricing was attractive and well inside Transurban Group's average cost of funding."

Investor enquiries

Media enquiries

Tess Palmer

Sarah Chapman

Head of Investor Relations

Manager, Media and Communications

+61 458 231 983

+61 400 841 898

This announcement is authorised by Transurban CEO, Scott Charlton.

Classification

Transurban Group

Transurban International Limited

ABN 90 121 746 825

Transurban Holdings Limited

ABN 86 098 143 429

Level 31

Transurban Holding Trust

Tower Five, Collins Square

ABN 30 169 362 255

727 Collins Street

ARSN 098 807 419

Docklands

Victoria 3008 Australia

corporate@transurban.com

Telephone +613 8656 8900

www.transurban.com

Facsimile +613 8656 8585

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Disclaimer

Transurban Group Ltd. published this content on 10 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2020 08:29:06 UTC