Highways & Rail Tracks

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Transurban Group consortium reaches financial close on acquisition of Queensland Motorways

Wednesday, 2 Jul 2014 02:12am EDT

Transurban Group:Says that consortium comprising Transurban (62.5 pct.), AustralianSuper (25 pct.) and Tawreed Investments Limited (a wholly owned subsidiary of Abu Dhabi Investment Authority) (12.5 pct.).Has reached financial close on acquisition of Queensland Motorways for $6.673 bln, plus stamp duty and transaction costs of $0.447 bln.

Transurban Group reaches financial close on Acquisition of Cross City Tunnel

Thursday, 26 Jun 2014 01:00am EDT

Transurban Group:Says it has reached financial close on the acquisition of the Cross City Tunnel (CCT) assets and motorway concession.Says transurban has completed the acquisition by raising debt financing of $276.5 million of non-recourse project debt.Says the new debt facility has been provided by Credit Agricole CIB Australia Limited, The Bank of Nova Scotia Asia Limited and Westpac Banking Corporation.Says the facility has a three year maturity.


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