Sidley represented Macquarie Infrastructure and Real Assets Holdings Pty Limited (MIRA), as private equity sponsor, in connection with the AUD$1.01 billion (equivalent to US$742 million) term loan B transaction, the second largest ever done in the Australian market. This financing is being used to part-fund MIRA’s AUD$2.3 billion take-private buyout of the ASX-listed waste management company Bingo Industries. MIRA is one of the world’s leading alternative asset managers and works to finance, manage, develop, and enhance essential real assets.
The Sidley team was led by Global Finance partner Joshua Thompson (New York) and Capital Markets partner Robert Meyers (Sydney), associates Adam Nelson (Dallas) and Dane Rupley (Houston), with support from Tax partners Idan Netser (Palo Alto), Kevin Pryor (Chicago), and Dan Altman (New York), Global Finance partners Daniel Gerard (New York) and Pietro Fontana (New York), Investment Funds partner Nathan Greene (New York) and Tax associates Jonathan Westreich (Los Angeles) and Joshua Sandler (Chicago).