Diamantina Power Station has inked a A$772 million credit facility on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, NAB, OCBC and Westpac.
The facility is split into a A$219 million one-and-a-half-year term loan, a A$418 million and a A$70 million one-year-and-10-month term loan, a A$55 million two-and-a-half-year term loan and a A$10 million one-year revolver.
Final allocations saw ANZ contribute A$170 million while NAB and Westpac pledged A$160 million each. Bank of Tokyo-Mitsubishi UFJ and OCBC provided A$141 million each.
Proceeds are to support the greenfield power station project in Queensland,...