Incitec Pivot financing

Overview:

• Incitec Pivot secured a new financing packages of A$568 million and $953 million to refinance its outstanding bank debt. 
• The refinancing involved the replacement of an Australian law governed multi-currency syndicated facility agreement with a twin-document structure involving both a multi-currency Australian law governed syndicated facility agreement and a US dollar New York law governed credit agreement.  
• Morgan Chase Bank arranged $400 million syndicated loan facility, which formed a portion of the package.

Katrin Kostadinova - Data analyst