North Queensland Airports refinancing

A $762.74 m
  • Entry date - Thursday, 1 September 2011
  • Jurisdiction - Australia
  • Practice - Debt Market
  • North Queensland Airports refinancing

  • Firm
    Freehills
  • Client
    Northern Queensland Airports (NQA)
  • Lead Lawyers
    Andrew Booth
  • Role
  • Firm
    Gilbert + Tobin
  • Client
    Syndicate of five banks
  • Lead Lawyers
    John Schembri
  • Role


DEAL SUMMARY

• A syndicate of five banks has agreed to refinance A$530m worth of debt facilities originally used to acquire the Cairns and Mackay airports.

• Another recent airport financing for Freehills was the Australian Infrastructure Fund (AIF) issue of  a fully underwritten A$80m placement to raise funds for the purchase of an additional 2.21% stake in Australia Pacific Airports Corporation (APAC), which owns Melbourne and Launceston Airports

• Gilbert + Tobin has also advised ANZ and Investec on the financing of the QEII Medical Centre Car Parking PPP and various parties on the financing of the Mundaring Water Treatment Plant, both in Western Australia


 



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