Celsus amends and extends finance with a further combined Green and Social loan
Celsus – the operator of the Royal Adelaide Hospital – has extended its $2.15 billion loan through to 2027 and in doing so has become the first organisation in Australia to achieve both Green and Social Loan status. Celsus has worked closely with Capella Capital, Erin Wakelin and Allens and their respective teams to achieve this great outcome.
The Green and Social Loan was structured in accordance with Green Loan Principles and Social Loan Principles 2023 issued by the Asia Pacific Loan Market Association and the Loan Syndications and Trading Association and was certified by DNV GL Business Assurance Ltd.
Celsus has appointed ANZ, Commonwealth Bank and ING as its Green and Social Loan co-ordinators and looks forward to working together to embed more innovation and environmental awareness within the Royal Adelaide Hospital.
Celsus Chief Executive Di Mantell GAICD FACHSM said the innovative financing structure enabled Celsus to highlight its commitment to both social and environmental benefits to its shareholders and the South Australian community.
Celsus is the consortium that financed, designed, constructed, and now operates non-clinical services at the Royal Adelaide Hospital under a 30 year public -private partnership with the Government of South Australia. The consortium is comprised of @Aberdeen Infrastructure Investments (NRAH) Limited, CommIF nRAH Holding Pty Ltd, AMP Capital Funds Management Limited as responsible entity for AMP Capital Core Infrastructure Fund, Dexus Wholesale Funds Limited as responsible entity for Dexus Healthcare Property Trust 1, MM Investments (NRAH) Pty Ltd as trustee of MM Investments (NRAH) Trust.
#esginvesting #partnerships
