AGIV refinances and upsizes sustainability linked syndicated loan facility

Aliro Group, on behalf of the Aliro Group Industrial Vehicle (AGIV), is pleased to announce the successful refinancing and upsizing of its Sustainability Linked Loan Syndicated Facility, increasing total capacity to $1.3 billion. This marks a significant milestone in AGIV’s capital management strategy.

We extend our sincere appreciation to our longstanding syndicate partners, Westpac, Commonwealth Bank, ING, and Crédit Agricole, whose continued support has been instrumental in shaping AGIV’s financial platform and enabling sustained growth.

We are also delighted to welcome ANZ to the syndicate. Their participation reflects the strength of AGIV’s portfolio and strategic direction, while further enhancing the depth and diversity of its lender group. We look forward to building a strong and enduring partnership with ANZ.

This refinancing outcome underscores the continued robust lender appetite for the Australian industrial and logistics sector and positions AGIV to advance its growth strategy, development pipeline, and strategic initiatives with enhanced financial agility.

Key highlights of the refinance include:

• Upsized Facility: Total capacity increased to $1.3 billion, including an additional $400 million in immediate debt capacity complemented by a $200 million accordion provision.
• Extended Tenor: Weighted average debt maturity extended from ~2.5 years to 5 years, with maturities ranging from 4 to 6 years.
• Lender Diversification: The expanded syndicate now includes five leading institutions, enhancing the depth and diversity of AGIV’s funding base.
• Pricing Optimisation: The refinancing delivers improved cost efficiency, with further benefits through the Sustainability Linked Loan (SLL) mechanism.