‘Green loan’ for Canberra Light Rail completed
By Jerome Doraisamy|11 January 2021
Canberra Metro has been advised on the debt refinancing of the Canberra Light Rail Stage 1 alignment.
Firm: Herbert Smith Freehills (Canberra Metro and its owners: John Holland, Pacific Partnerships, Aberdeen Standard Investments and Mitsubishi Corporation); Allens (ANZ and Commonwealth Bank, in their capacity as lenders and green loan coordinators).
Deal: Canberra Metro and its owners have been advised on the $280 million debt refinancing of the Canberra Light Rail Stage 1 alignment from Gungahlin to Civic under Canberra Metro, which HSF said “marks an important milestone” for a low-carbon and efficient public transportation option in the ACT.
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