Norton Rose Fulbright advises Anglicare Sydney on syndicated financing to support landmark aged care acquisition

The acquisition was financed by the restructuring of the existing debt facility to a syndicated platform comprised of major Australian financial institutions. The financing combined general debt facilities with acquisition finance for the Infinite Care and Autumn Aged Care businesses providing a combined portfolio across Queensland, New South Wales, Victoria and South Australia to add into the existing residential aged care platform. It significantly expands Anglicare's presence and capacity to serve vulnerable Australians across multiple states, and positions Anglicare as one of Australia's largest Christian for-purpose residential aged care providers.

Vittorio Casamento, Sydney-based banking and finance partner, who led the deal, commented:

"We are pleased to have had the opportunity to continue supporting Anglicare Sydney on this important transaction. It is wonderful to see Anglicare strengthening its residential aged care platform and expanding its capacity to deliver dignified, whole-of-person care to older Australians across the country. This transaction reflects Anglicare's enduring commitment to serving the community, and we are delighted to have played a part in helping bring that vision to fruition."

Vittorio was supported by senior associate Calvin Mai and associate Ibrahim Taha.