Healthcare Property Trust
![Healthcare Property Trust](https://cdn.prod.website-files.com/61e4f5b05652a609e6f87a59/623a762b1cd69731477a0022_2-HPT-Refi-647x413.jpeg)
Year
2018
Location
National
Sector
Real Estate
Role
Financial advisor, debt arranger
Value
$740m
Australian Unity’s $1.5 billion Healthcare Property Trust refinanced its debt facility.
Planum Partners worked closely with Australian Unity to negotiate and secure an innovative refinancing, raising a further $320 million in debt funding to support the progress of the fund’s $550 million development pipeline and lay the groundwork for further growth and expansion.
The new $740 million facility replaced the existing $420 million facility and results in an extension of the HPT’s loan term to a minimum of five to seven years. It includes existing lenders ANZ, Westpac and NAB, as well as new non-bank lender, AustralianSuper.