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An international firm has advised a finance company in relation to a US private placement of senior secured notes for Melbourne’s Southern Cross station.
Firms: Herbert Smith Freehills (Civic Nexus Finance Pty Ltd); Gilbert + Tobin (investors); Chapman and Cutler (US counsel to the investors)
Ms Mouton added: “The US private placement markets continue to be attractive for infrastructure issuers and, given the significant debt volumes implicated in many of the current asset transactions, we expect our clients to continue to look to US debt capital markets to achieve tenor and maximise funding certainty.”
A group of US accredited investors, Westpac and Bank of America Merrill Lynch, were the Note Placement Agent and Westpac was the swap bank.