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Westpac's financing of Heathley Asset Management's acquisition of aged care sites

Our team advised long-standing client Westpac Banking Corporation on its financing of Heathley Asset Management's acquisition of five residential aged care freehold sites in South Australia from Infinite Aged Care in partnership with Next Capital. 

This transaction included complex inter-creditor and security arrangements involving Westpac, Heathley, the aged care group of companies and the Commonwealth Bank of Australia.