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Ingenia Communities secures $75m debt facility
Global law firm Dentons has advised the ASX-listed company on securing a seven-year debt facility, worth $75 million.
Emma Musgrave
Firm: Dentons (Ingenia Communities)
Value: $75 million.
Area: Finance.
Key players: The legal team advising Ingenia Communities was led by Dentons special counsel David Morgan, who is based in Sydney, NSW.
Deal significance: Ingenia Communities is described as a leading Australian property group that owns, operates and develops a growing portfolio of lifestyle and holiday communities across key urban and coastal markets.
The securing of the debt facility aims to help Ingenia Communities fund its energy and carbon reduction programme as it targets a 30 per cent reduction in carbon emissions over the next five years and a carbon-neutral operation by 2035.
“It’s always rewarding helping a client achieve its objectives, especially one where there is a long relationship and understanding of the business,” said Mr Morgan, who led the transaction.
“I value this opportunity to assist Ingenia meet some green initiatives.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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