Lucky Bay Port Project - Redeemable Preference Units (Closed)
This investment is fully subscribed
The ICAM Duxton Port Infrastructure Trust is an innovative shallow-water port infrastructure vehicle. The investment includes the specialist bulk commodity export facility and incorporates a transshipment vessel, a transshipping terminal, on port and upcountry grain storage and handling facilities at Lucky Bay on the Eyre Peninsula in South Australia.
Investment highlights
- Second ranking subordinated secured obligations of the Trust
- Maturity date 30 months following the first close date, subject to earlier redemption by the Trustee
- Security is a second ranking mortgage over freehold land and fixtures at the Lucky Bay Port and second ranking mortgage over land at the Lock bunker site