IFLR1000

Westlink M7 rent receivables securitisation

29/10/2015
Securitisation
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$ 175 million

Completed

29/10/2015

Overview:

  • The Government of New South Wales raised A$175 million through securitising rent receivables for the Westlink M7 toll road.
  • UK based pension fund and insurer, Rothesay Life, acquired the notes. 

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Australia

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Australia

Industry sectors:

Financial services
Government and public policy

Firms:
Herbert Smith Freehills Kramer

Party: Rothesay Life (Initial purchaser)

Lawyer: Patrick Lowden

Clayton Utz

Party: The Government of New South Wales (Originator)

Lawyers: Andrew Jinks, Stuart Cosgriff

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