MORNINGSIDE REFINANCES ANZ TERMINALS PTY LTD

Melbourne, Australia

The management of ANZ Terminals Pty Ltd (ANZ) has refinanced the company with a $50 million AUD increase over the old debt facility from two of Australia’s largest banks and a well known U.S. lender to the terminal industry to support expansion of its terminals at all locations. This follows a growth equity investment in January that underpins a two-year expansion program to substantially increase the amount of bulk liquids stored at the company’s port sites.