ASIA-PACIFIC

摘要

Financiers for the Hastings Funds Management and China Merchants Group, which filed the winning bid of AS1.75bn (US$1.64bn) for port of Newcastle, plan a limited sell-down of an acquisition loan of around A$885m. This comes as momentum builds in Australia's infrastructure-related M&A sector. Port of Newcastle is the world's largest coal export terminal. ANZ, CBA, DBS, HSBC and Westpac are providing the acquisition debt of about A$800m, evenly split into three and five-year maturities. In addition, ANZ is funding an A$85m revolving facility for capital expenditure and working capital.