Adviser to Ausenco on $55m bridge debt financing
Role / Debt Adviser
Date / November 2023
Harvis acted as the exclusive financial adviser to Ausenco, a globally significant engineering and project management services provider, on securing A$55 million in bridge debt financing.
Ausenco, renowned for delivering innovative solutions across the mining, energy, and infrastructure sectors, required financing to support its ongoing projects and operations. Given the significance of Ausenco’s global business, Harvis leveraged its deep expertise in corporate finance and its understanding of the engineering services sector to structure and execute this critical transaction under tight deadlines.
Harvis successfully procured a credit-endorsed term sheet within 1 week, secured a firm commitment within 2 weeks and financial close within 3 weeks, ensuring Ausenco’s access to the necessary capital as it continued to deliver critical engineering services to its clients globally.
The A$55 million bridge debt facility was pivotal in providing Ausenco with the short-term liquidity required for operational flexibility, positioning the company for future financial optimisation and long-term strategic growth.