Macquarie Infrastructure and Real Assets (MIRA) has bought out Australian waste-management and recycling company Bingo Industries in a A$2.3 billion ($1.7 billion) take-private buyout deal.
Law firm Sidley represented MIRA as a private equity sponsor, in connection with the A$1.01 billion ($747 million) term loan B transaction that was in part used to fund the buyout.
The term loan B transaction was the second largest ever done in the Australian market, according to Sidley.
