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G+T advises on $852 million refinancing of the Air Trunk Group
Gilbert + Tobin is pleased to have advised Deutsche Bank AG, New York Branch and Sydney Branch on its joint arranging and underwriting of a $852 million senior debt facility for the AirTrunk Group, which is the largest data centre-specific financing undertaken in Australia to date. The financing will allow the AirTrunk Group to build out significant additional capacity for its customers.
The deal was driven by Gilbert + Tobin’s tier 1 Banking practice, but leveraged the firm’s technology DNA. Our long-term specialised focus on technology and digital and our wealth of experience enable us to maximise the opportunities of innovation and digital transformation.
G+T transaction lead partner John Schembri said “We are very proud to have advised the lenders in relation to this milestone transaction. Gilbert + Tobin was able to bring our long-standing experience in the technology and innovation space, together with our strong relationships and industry know-how to deliver a tailored and flexible financing package for the AirTrunk Group and its lenders.”
Other key members of the Gilbert + Tobin team included Stuart Cormack, Sachini Mandawala, Billy Quist and Sean Macdonald.