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First Sentier Investors has structured an A$750 million cash advance facility including a green tranche credit facility aimed at fund level financing - which the firm says is a first for the Australian market. The multilateral revolving credit line will be used in the firm’s Global Diversified Infrastructure Fund as short-term bridging finance between acquisitions and drawdown from the fund’s investors.
Australasian deal activity in the week ending 10 December was highlighted by a handful of securitisation transactions and Centuria Industrial REIT's six-year print.
