Port of Brisbane Pty Limited’s A$500 Million Notes Offering

Ashurst has advised the Port of Brisbane Pty Limited, and its financing arm QPH Finance Co Pty Limited as issuer in relation to its dual note issuances of A$500 million in aggregate of Fixed Rate Senior Secured Notes.

The issuances comprised A$200 million 2.30% Fixed Rate Senior Secured Notes due 2027 and A$300 million 2.85% Fixed Rate Senior Secured Notes due 2031. Both series of notes were guaranteed by the Issuer’s guarantor group.

The Port of Brisbane is one of Australia’s fastest growing container ports and Queensland’s largest multi-cargo port.

The Ashurst team was led by partner Caroline Smart (Picture), who was assisted by senior associate Timon Ibrahim and lawyer Siak Yong Goh.

Involved fees earner: Timon Ibrahim – Ashurst; Caroline Smart – Ashurst;

Law Firms: Ashurst;

Clients: Port of Brisbane Pty Limited;

Author: Michael Patrini