24 Apr 2020

Acquisition of an 88% stake in AirTrunk by a consortium led by Macquarie Asia Infrastructure Fund 2

Partner Benjamin Tay from Rajah & Tann Singapore acted as Singapore counsel for AirTrunk Singapore Pte. Ltd. (“AirTrunk”) in relation to the S$1.4 billion refinancing of its existing banking facilities in connection with the acquisition of a 88% stake in AirTrunk by a consortium led by Macquarie Asia Infrastructure Fund 2. The investment values AirTrunk at over A$3 billion.