Ropes & Gray advises InfraBuild on $350 million Asset-Backed Term Loan

Ropes & Gray has advised InfraBuild, Australia’s largest vertically integrated steel long manufacturer, on a $350 million Asset-Backed Term Loan. The proceeds will enable the business to pursue its growth objectives, including its potential acquisition of steel assets in the United States currently owned by affiliates.

The cross-office Ropes & Gray team was led by finance counsel Alexandru Mocanu (London) with support from associates Alma Yasin (London), Daniel Lee, Lawrence Leung and Isabella Vecchio (New York), and Alice Sun and Andrew Wang (Hong Kong).