Australian Unity Healthcare Property Trust completes $1bn refinancing
G+T has advised on the $1 billion refinancing of Australian Unity Healthcare Property Trust’s corporate debt facilities.
Firm: Gilbert + Tobin (syndicate of lenders), King & Wood Mallesons (Australian Unity Healthcare Property Trust), Herbert Smith Freehills (outgoing lenders and security trustee).
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Deal: The financing provides Australian Unity Healthcare Property Trust with a flexible funding package, G+T said in a statement, “as it continues to scale and enhance its portfolio of post development projects”.
Value: $1 billion.
Area: Banking and projects.
Key players: The G+T team was led by banking and projects partner Simon Lynch with support from lawyers Emily Rothfield and Christian Smolders.
Deal significance: Speaking about the transaction, Mr Lynch said: “It was a privilege to work with a sophisticated syndicate of lenders in the smooth delivery of a flexible debt package to one of Australia’s most important healthcare property investors.
“The financing represents a landmark transaction as the Australian Unity Healthcare Property Trust moves from strength to strength in developing and investing in future infrastructure.”