Ropes & Gray Assisted InfraBuild in Obtaining $350 Million Asset-Backed Term Loan
InfraBuild, Australia's leading steel long manufacturer with vertical integration, has received guidance from Ropes & Gray regarding a substantial $350 million Asset-Backed Term Loan. This infusion of funds will empower the company to advance its growth aspirations, notably exploring the possibility of acquiring steel assets in the United States presently held by affiliated entities.
London-based finance counsel, Alexandru Mocanu, spearheaded the cross-office team at Ropes & Gray. Assisting Mocanu were associates Alma Yasin and Daniel Lee from the London office, as well as Lawrence Leung and Isabella Vecchio from New York, and Alice Sun and Andrew Wang from Hong Kong. Together, this diverse and skilled team provided comprehensive support throughout the process.