Monash University “Climate Bonds”
Monash University A$250 million 3 year fixed and floating bank facilities
June 2020 – Monash University appointed DTW to assess and assist with raising finance to cover both the immediate and potential impacts arising from COVID-19. In difficult financing markets, with dislocation and liquidity issues, DTW supported the competitive tender process for the required volume including an options analysis report recommending the preferred financing solution. Our advice included assisting with the negotiation and documentation of the new facilities, delivering attractive pricing and favourable conditions.
This financing was instigated and completed at the height of the COVID-19 disruption to the University and banking sectors, demonstrating once again not only the fundamental credit-worthiness of Monash University, but also the value of DTW’s independent financial advice. DTW has worked successfully with Monash University since 2016.