Legal DealFolio - Brisbane Airport Secured Bonds for AUS market

International legal practice Norton Rose Group has acted for Brisbane Airport Corporation Pty Limited, owner and operator of Brisbane Airport, in connection with its US$400 million senior secured bond offering to US institutional investors. The Norton Rose Group team that advised on the deal was made up from lawyers in the practice's London, Brisbane and Sydney offices The bonds were issued in three tranches as follows: U.S.$150 million 5.24% Series A Senior Secured Notes due July 14, 2021 U.S.$150 million 5.34% Series B Senior Secured Notes due July 14, 2023 AUS$98,863,075 8.25% Series C Senior Secured Notes due July 14, 2026. The offering was sold into the US private placement market and was significantly oversubscribed. In parallel with the US private placement, Norton Rose Australia advised the Company in connection an offering of AUD$200 million 8.03% Senior Secured Notes due 2019 into the Australian institutional market. The funds will be used by the airport to repay maturing bank facilities and fund capital expenditure and working capital over the next 18 months. Mike Dunn (partner) in London led on matters of U.S. law, assisted by Alexander Hirshfield (associate). Craig Chapman (partner and Head of Brisbane) led in Australia, assisted by Lawry Brownlie (senior associate). Petar Kuessner (partner) advised on the Australian bond offering from the practice's Sydney office.

Deal Date:	20-05-2011	Practice Area:	Debt Capital Markets
Deal Title:	Brisbane Airport Secured Bonds for AUS market	Industry:	Aerospace & Defence
Description:	International legal practice Norton Rose Group has acted for Brisbane Airport Corporation Pty Limited, owner and operator of Brisbane Airport, in connection with its US$400 million senior secured bond offering to US institutional investors. The Norton Rose Group team that advised on the deal was made up from lawyers in the practice's London, Brisbane and Sydney offices The bonds were issued in three tranches as follows: U.S.$150 million 5.24% Series A Senior Secured Notes due July 14, 2021 U.S.$150 million 5.34% Series B Senior Secured Notes due July 14, 2023 AUS$98,863,075 8.25% Series C Senior Secured Notes due July 14, 2026. The offering was sold into the US private placement market and was significantly oversubscribed. In parallel with the US private placement, Norton Rose Australia advised the Company in connection an offering of AUD$200 million 8.03% Senior Secured Notes due 2019 into the Australian institutional market. The funds will be used by the airport to repay maturing bank facilities and fund capital expenditure and working capital over the next 18 months. Mike Dunn (partner) in London led on matters of U.S. law, assisted by Alexander Hirshfield (associate). Craig Chapman (partner and Head of Brisbane) led in Australia, assisted by Lawry Brownlie (senior associate). Petar Kuessner (partner) advised on the Australian bond offering from the practice's Sydney office.
Financial Center:	Sydney	Value:	100.01-500.00
Advised Party:	Issuer	Law Firm	Norton Rose Fulbright
Issuer Jurisdiction	Australia	Listing Jurisdiction	Australia
Classification:	Corporate Bonds Senior Debt	Lawyer	Craig Chapman

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Debt Capital Markets Law Firms and Lawyers

Practice Areas - Debt Capital Markets Law Firms and Lawyers