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ICAM ACIF Lucky Bay 2 Trust - Senior Debt
ICAM ACIF Lucky Bay 2 Trust Senior Debt, $20 million issue The ICAM ACIF Lucky Bay 2 Trust is developing a specialist multi-commodity import and export facility in Wallaroo, South Australia. The development is the natural extension to the Lucky Bay Port on the Eyre Peninsula. The investment in transhipping and logistics infrastructure includes the Wallaroo Port Facility that is strategically located in the Yorke Peninsula grain catchment zone, port storage silos with capacity for 32,000 tonnes of grain and upcountry bunker storage with capacity for 260,000 tonnes of grain. The total debt funding requirement for the Project is $30 million, with $20 million of this balance secured as Senior Debt from an Australian based institutional fund. This investment is fully subscribed.