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Sydney Light Rail project to be refinanced


Sydney Light Rail project to be refinanced
Sydney Light Rail project to be refinanced
13 July 2021 • By Lauren Croft
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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. ....

New South Wales , John Laing , Lauren Croft , Nicholas Adkins , Herbert Smith Freehills , Erin Wakelin , Alexander Whitman , Nicholas Gerovasilis , Light Rail Partnership , Climate Bond Initiative , Trading Association , Asia Pacific Loan Market Association , Loan Market Association , Sydney Light Rail , Trail Partnership , Aware Super , South East Light Rail , Inner West Light Rail , Partner Nicholas Adkins , Sunny Jong , Green Loan Principles , Loan Syndications , Low Carbon Transport , Climate Bonds Standard , Capella Capital , Light Rail ,

Allens advises on green refinancing for Sydney Light Rail


Date Time
Allens advises on green refinancing for Sydney Light Rail
Allens has advised the senior financiers and Green Loan coordinators on the refinancing of the Sydney Light Rail PPP project, which comprises the new 12-kilometre CBD and South East Light Rail line and 13-kilometre Inner West Light Rail line.
The project was refinanced with a 12-year green loan, valued at almost $700 million, which de-risks the project by extending the financing term to better align with the PPP concession term.
As part of the refinancing, the project was certified as meeting the Climate Bonds Standard low carbon transportation criteria on the basis that it will help reduce greenhouse gas emissions from alternative modes of transport. ....

New South Wales , Australian Capital Territory , Nicholas Adkins , Green Loan , Sydney Light Rail , South East Light Rail , Inner West Light Rail , Climate Bonds Standard , Capella Capital , Partner Nicholas , Canberra Metro , New Generation Rolling Stock , புதியது தெற்கு வேல்ஸ் , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , பச்சை கடன் , சிட்னி ஒளி ரயில் , தெற்கு கிழக்கு ஒளி ரயில் , உள் மேற்கு ஒளி ரயில் , காலநிலை பத்திரங்கள் தரநிலை , கேப்பேல்ல மூலதனம் , கான்பெரா மெட்ரோ , புதியது ஜெநரேஶந் உருட்டுதல் ஸ்டாக் ,