Carlyle, amicaa Lend $154 Million Loan to Australian Waste Firm

Carlyle Group Inc. and amicaa, an Australian private credit manager, have provided a A$240 million ($154 million) loan to a local waste storage operator Tellus Holdings, according to a press release.

The private credit loan comprises senior and junior tranches, as well as a capital expenditure facility that is backed by cash flows from a mix of short- and long-term contracts, according to Taj Sidhu, Carlyle’s head of European and Asian private credit and David Wood, founder and chief executive of amicca in an interview. The borrowing will refinance Tellus’ existing debt and provide additional funds ...