Latham & Watkins Advises EQT on Historic Australian Financing

Latham & Watkins LLP advised EQT on a historic financing in connection with the acquisition by EQT Infrastructure of Integrated Clinical Oncology Network Pty Ltd (Icon Group), Australia’s largest vertically integrated cancer care provider, from a consortium including Goldman Sachs Asset Management, QIC Private Capital Pty Ltd, and Pagoda Investment Advisors. The deal marks the largest-ever all-Australian dollar Term Loan B (TLB) financing on record and the first TLB in Australia to exceed AUD$1 billion.

Latham’s cross-border private equity finance team was led by Washington, D.C. partners Manu Gayatrinath and Katherine Putnam, with Washington, D.C. associate Melissa Frankel Fabian, Hong Kong associates Tian Lin and Yun Cao, and Singapore associate Howe Min Wee.