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Sydney Light Rail project to be refinanced
Sydney Light Rail project to be refinanced
13 July 2021 • By Lauren Croft Share
Firm:Herbert Smith Freehills (ALTRAC Light Rail Partnership, Aware Super, John Laing and Acciona), Allens (financiers).
Deal: HSF has advised ALTRAC Light Rail Partnership, Aware Super, John Laing and Acciona on the close to $700 million debt refinancing and early conditional debt pay down of the Sydney Light Rail project, which comprises the new 12-kilometre CBD and South East Light Rail line and 13-kilometre Inner West Light Rail line. The refinancing was completed with a “Green Loan”, while Allens advised the senior financiers and green loan coordinators.