AVOCA 29 Reset Pushes RP to 2030; Equity Covered Strongly (Updated)
September 24, 2025
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Since closing, the deal’s reported WAS has declined from 415 bps to 370 bps as at 29 August 2025. However, its recent reset offset the impact of asset spread compression, cutting WACC by roughly 31.2 bps while extending the RP by 1.5 years.
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