G+T has advised Macmahon Holdings Limited (ASX:MAH), a leading provider of mining and civil infrastructure services in Australia and Southeast Asia, on the successful refinancing and upsizing of its syndicated debt facility. The new $550 million facility replaces the company’s existing $330 million syndicated facility and a $40 million legacy bank facility acquired with Decmil. It provides enhanced liquidity, extended tenor and improved commercial terms.

Macmahon delivers end-to-end mining and civil infrastructure services, with capabilities spanning surface and underground mining, renewables and public infrastructure projects across diverse geographies. The refinancing supports Macmahon’s strategy to maintain a conservative liquidity position while pursuing growth opportunities aligned with its long-term capital return targets.

The G+T team was led by Dom McGreal, supported by Claire Rowe, Rachael Griffiths-Szeto and Jason Duryea. Financial advice was provided by Leeuwin Capital Partners, with Ian O’Brien and Justin Van Ast leading the engagement.

Dom McGreal commented:

This transaction highlights the strength and resilience of Macmahon’s platform and market position. Macmahon is not only deepening its capital base but also driving forward its growth strategy with clarity and discipline. Macmahon’s decision to seek the support and expertise of our Perth banking team endorses our capability to deliver on major transactions like these. We are proud to be working with Macmahon as they continue to build on their success.