The company will use the proceeds to refinance current debts
A team from King & Wood Mallesons (KWM) Singapore has assisted Brisbane Airport Corporation Pty Limited as it updated its €1.5bn secured euro medium term note (EMTN) programme and the issuance of €500m 3.856% secured notes due 2035 that followed.
Brisbane Airport will use the funds earned from the issuance to refinance current debts. It will also apply them to ongoing infrastructure investments like terminal upgrades.
“The EMTN programme and the €500 million bond issuance provide a flexible, long-term funding platform that will help the airport deliver the next phase of its transformation program investing in sustainable, transformational infrastructure designed to create local jobs and improve connectivity for communities across the region”, said KWM lead partner Andy Ferris.
Ferris was supported by senior associate Jinnie Yeo in acting as the English law counsel to Brisbane Airport.
A team from KWM Australia recently confirmed their involvement in the acquisition of Westpac’s $21bn RAMS mortgage portfolio by a consortium that includes Pepper Money, KKR and PIMCO.
