Transfield Services refutes incorrect media report

Transfield Services wishes to advise that an online story published by the Australian Financial Review at 7pm AEDT yesterday `Transfield to roll‐over $500 million in debt’ is incorrect. The article relates to a refinancing transaction in 2010 not undertaken by Transfield Services, and contains factual inaccuracies.

The refinancing referred to in the story was undertaken by Transfield Services Infrastructure Fund ‐ a separate legal entity, which has since been delisted from the ASX.

Transfield Services has requested that the Australian Financial Review immediately retract the article.

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Transfield Services employs over 19,000 people across 18 industries and 10 countries. We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets. With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients. Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.