Royal North Shore Hospital’s c.A$930 Million PPP Project Refinancing

Ashurst has advised the banking syndicate on the c.A$930 million refinancing of Royal North Shore Hospital PPP Project whose investor is the AMP Capital Community Infrastructure Fund.

The syndicate included MUFG Bank Ltd., Westpac Banking Corporation, Natixis, ANZ Banking Group, Norinchukin Australia Pty Ltd and Sumitomo Mitsui Trust Bank.

This is the first refinancing for the Project since the AMP Capital Community Infrastructure Fund acquired the project from Royal Bank of Scotland in 2015.

The Ashurst team was led by partner Chris Redden (Picture), with support from counsel Doug Fung and associates Mitchell Bazzana and Jerome Kadamongariga.

Involved fees earner: Mitchell Bazzana – Ashurst; Doug Fung – Ashurst; Jerome Kadamongariga – Ashurst; Chris Redden – Ashurst;

Law Firms: Ashurst;

Clients: ANZ Banking Group; MUFG Bank, Ltd.; Natixis; Norinchukin Bank; Sumitomo Mitsui Trust Bank; Westpac Banking Corporation;

Author: Michael Patrini