The new $330 million syndicated debt facility provided by Westpac Banking Corporation, Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia and National Australia Bank Limited consists of a $247.5 million 3 year tranche and an $82.5 million 4 year tranche which replaces the iiNet’s previous club facility.
The King & Wood Mallesons team was led by Partner Nicholas Creed who was supported by Senior Associates Cameron Roper and Edmund Chan and Solicitors Crystal Chan and Andrew Lane. Nicholas commented, “We were delighted to continue our excellent relationship with the syndicate banks and iiNet on this deal, and we look forward to working with them again in the future.”
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