Plenary Schools consortium’s refinancing of its syndicated bank debt facilities for the Queensland Schools II Project


Allens has advised the Plenary Schools consortium on the transaction

Allens has acted for the consortium since its successful tender for the Project from the Queensland Government in 2013.

Over the past five years, the consortium has successfully delivered two secondary schools and eight primary schools in southeast Queensland. Plenary Schools will continue to provide ongoing facilities management and maintenance services to the Government until the end of December 2043.

The successful completion of the refinancing continues a trend of domestic project finance borrowers refinancing their bank debt in a competitively priced market.

Allens advised the consortium with a team including David Donnelly (Picture – Projects), James Darcy, Matthew Meyerink, Teresa Campbell and Andrew Lunardi.

Involved fees earner: James Darcy – Allens; David Donnelly – Allens; Matthew Meyerink – Allens;

Law Firms: Allens;

Clients: Plenary Schools consortium;

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Author: Michael Patrini