Jun 03, 2020

Aurizon earnings expected to escape COVID-19 bite

Rail freight operator Aurizon has refinanced $1.3 billion in debt, adding an extra $420 million to its previous level, while reiterating its expected earnings for this financial year. Managing director and chief executive officer Andrew Harding said operations across Aurizon’s s coal, bulk and network businesses had continued with minimal disruptions during the COVID-19 pandemic. “As an essential transport provider to the Australian economy we have provided safe, reliable services to our customers and continued to support regional communit...

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