Dalrymple Bay Coal Terminal, a coal-handling facility and export terminal in Queensland, Australia, has issued triple-A rated bonds for $680 million in Australian dollars.The bonds will be used to refinance existing bank debt caused by the acquisition of eases from the Queensland government in 2002.The Commonwealth Bank of Australia acted as investment bankers to the transaction.This means the Commonwealth Bank of Australia:

Question

Quizplus · Accepted Answer

The Commonwealth Bank of Australia, acting as investment bankers to the transaction, would have facilitated the issuance of the bonds by Dalrymple Bay Coal Terminal, meaning they likely bought the bonds and then sold them to investors, a common role for investment banks in bond issuances.

Dalrymple Bay Coal Terminal, a Coal-Handling Facility and Export Terminal