Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 24, 2015 4:32 PM ET

Diversified Financial Services

Company Overview of Asciano Finance Trust

Company Overview

Asciano Finance Trust sources external funds and lends these funds to Asciano Limited. Asciano Limited operates as a transport infrastructure company with a focus on ports and rail assets. The company is based in Melbourne, Australia. Asciano Finance Trust is a subsidiary of Asciano Limited.

Level 6

380 St Kilda Road

Melbourne, VIC 3004

Australia

Phone:

61 3 9284 4000

Fax:

61 3 9699 2869

Key Executives for Asciano Finance Trust

Chief Executive Officer, Managing Director and Executive Director
Age: 59
Company Secretary
Director of Human Resources
Director of Coal
Director of Container Ports
Age: 53
Compensation as of Fiscal Year 2014.

Asciano Finance Trust Key Developments

AMP, Hastings and Asciano Reportedly Consider Bids For Newcastle Port

AMP Limited (ASX:AMP), Hastings Funds Management Limited and a group led by Asciano Finance Trust are weighing bids for a long-term lease for Newcastle Port Corporation, which may fetch as much as AUD 700 million, five people with knowledge of the matter, said. Macquarie Infrastructure and Real Assets (Europe) Limited is also studying financial information for Newcastle Port, the people said, asking not to be identified as the details are private. Asciano is bidding together with a real estate investment unit of Deutsche Bank AG (DB:DBK), the people said. Indicative bids are due early in February 2014.

Newcastle Port Receives Number Of Interest From Various Players

Newcastle Port Corporation is set to receive a number of bids from various players with Asciano Finance Trust leading the expressions of interest for Port of Newcastle's long-term lease, with the group weighing a bid alongside Marubeni Corporation (TSE:8002). Deutsche Asset & Wealth Management may also join the consortium. It is understood Asciano will express its interest by December 9, 2013's, 10 AM deadline. While the auction is only in its early stages, potential buyers have been asked to express their interest to receive the sale documents and progress through the sale. Expectations are the port could sell for up to AUD 1 billion, based on other recent deals in the sector, marking another landmark privatization for NSW. First round-bids are expected early in 2014, with a final deal to be signed before the 2015 financial year budget in May 2014. Several bidding consortiums have formed, including a group led by Hastings Funds Management Limited, thought to include Mitsui & Co. Ltd. (TSE:8031) and advised by RBC Capital Markets. QIC Limited, Future Fund and Macquarie Infrastructure and Real Assets (Europe) Limited will lodge expression of interests, and are seeking partners for a tilt. Brookfield Asset Management Inc. (TSX:BAM.A) will also take an information memorandum. The port has been pitched to buyers as a long-term play on NSW's biggest coal customers, including Japan, China, Korea and Taiwan. Mike Baird, Treasurer of NSW, is seeking to sell the port to reinvest in infrastructure. Mike valued the Port of Newcastle at AUD 700 million.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Asciano Finance Trust, please visit www.asciano.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.