AMP Capital has completed a $130 million senior syndicated loan facility with Stilmark Holdings Pty Ltd to support its deployment of new mobile tower infrastructure across Australia.
Stilmark is an independent Australian tower company and neutral host operator that builds, owns and operates a national portfolio of telecommunication towers, which allow mobile carriers and wireless network operators to provide network connectivity to their customers.
The debt investment will be used to support the construction of mobile towers across Australia. These new structures will help satisfy customer demand for increased mobile connectivity and data speeds, provide an expanded network footprint for mobile carriers, and contribute to the ongoing development of leading mobile network infrastructure for Australians.
Simon La Greca, AMP Capital’s head of infrastructure debt Asia, said, “We are delighted to announce our first debt investment with Stilmark — the communicat
