State of South Australia
Financial and Debt Advisory
Debt advisory to the State of South Australia on the $2.2b refinancing of nRAH
The new Royal Adelaide Hospital (nRAH) is an 800-bed public hospital procured under a Public Private Partnership (PPP) with the State of South Australia and the SA Health Partnership (SAHP) consortium. Financial Close was achieved in June 2011, and the hospital opened for patients in September 2017.
Acton Advisory acted as Financial Advisor to the State of South Australia on the refinancing of $2.2b of senior debt comprising a group of 18 domestic and offshore banks.
At the time, the transaction was the first infrastructure project in Australia to be certified as compliant with both the Green Loan Principles and Social Loan Principles issued by the Asia Pacific Loan Market Association and the Loan Syndications and Trading Association.