NBN Co Limited, established in 2009 and headquartered in Sydney, Australia, is a government-owned corporation responsible for the rollout and operation of the National Broadband Network (NBN), aiming to provide high-speed internet access to all Australians. The company’s key services include wholesale broadband services to retailers, enabling them to deliver internet services to end customers across the nation.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, NBN Co has issued a variety of bonds to finance its extensive infrastructure projects, with the first bond issuance occurring in 2011. Notable bond issuances include the AUD 1.5 billion bond in 2020, aimed at refinancing existing debt and supporting ongoing network expansion. Current yields for NBN Co's bonds are competitive within the telecommunications sector, reflecting investor confidence, while recent news highlighted the impact of the COVID-19 pandemic on internet demand, prompting discussions on future funding strategies and potential bond offerings to address infrastructure needs.