Advised Port of Newcastle on the establishment of its A$1 billion Secured Debt Issuance Programme and inaugural issuance of A$300 million 6.100% Guaranteed Senior Secured Notes due 18 July 2033 (Notes).
Corrs advised Port of Newcastle Investments (Financing) Pty Limited (as issuer of the Notes), as well as a number of entities within the Port of Newcastle group who gave secured guarantees for the issuer’s obligations under the Notes. Citigroup Global Markets Australia Pty Limited, Commonwealth Bank of Australia and National Australia Bank Limited acted as Joint Lead Managers for the issuance.