Commentary & Deal Flow

APA Infrastructure Limited, guaranteed by APA Group Limited ("APA Group"), (ticker: "APAAU", country: AU) rated Baa2 (Stable) by Moody's and BBB (Stable) by S&P, has mandated BNP Paribas, BofA Securities, HSBC and J.P. Morgan as Joint Lead Managers to arrange a series of fixed income investor meetings and calls commencing Monday, 2-Nov-26. A DealRoadshow presentation and recording has been made available.

An expected benchmark 10yr € denominated Reg S senior unsecured transaction may follow, subject to market conditions.

• Use of Proceeds: The issuer intends to put the net proceeds from the Notes towards the refinancing of its outstanding €650,000,000 2.000% Notes due 22-Mar-27 which will be redeemed via a make-whole call, subject to the successful issue of the new Notes.
• Company Description: APA Group is a leading energy infrastructure business in Australia, that owns, operates and manages a diverse A$20bn+ portfolio of energy assets. This includes gas transmission, processing, compression and storage assets. APA Group also owns, operates or has interests in gas-powered and renewable assets, battery storage and electricity transmission infrastructure.