October 26, 2016 6:48 AM ET

Transportation Infrastructure

Company Overview of Hills Motorway Group

Company Overview

Hills Motorway Group engages in the operation and maintenance of a motorway in Sydney, Australia. The company operates Hills M2, a 21km motorway that links the lower north shore and the northwest regions of Sydney, Australia. Hills Motorway Group holds concession to operate and maintain the motorway until 2042. The company is based in North Ryde, Australia. As of May 20, 2005, Hills Motorway Group is a subsidiary of Transurban Group.

Locked Bag 2215

North Ryde, NSW 1670


Founded in 1997

Key Executives for Hills Motorway Group

Hills Motorway Group does not have any Key Executives recorded.

Hills Motorway Group Key Developments

Hills M2 Reports Revenue and Operating Results for the Quarter Ended September 2016

Hills M2 reported revenue and operating results for the quarter ended September 2016. For the quarter, the company's total toll revenue was AUD 68 million against AUD 64 million last year. For the quarter, the company's Average Daily Trips were 128,000 against 124,000 a year ago.

Transurban Announces Financial Close of the Hills M2 Motorway Refinancing

Transurban announced that Hills M2 has reached financial close on a $755 million refinancing of its senior secured debt facilities. The debt has been provided by Canadian Imperial Bank of Commerce, Citibank, Commonwealth Bank of Australia, Credit Agricole CIB, National Australia Bank, JPMorgan Chase Bank, Mizuho Bank, Royal Bank of Canada, Scotiabank and Westpac Banking Corporation. The debt will have maturities of 3 years ($405 million) and 5 years ($350 million). The successful completion of the refinancing has: extended Hills M2 debt maturities from 2015 and 2016 to 2018 and 2020; diversified the broader Transurban Group's banking group with the introduction of three new lenders; and delivered immediate financing cost savings on an all-in basis in the order of 140 basis points.

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

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
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Hills Motorway Group, please visit www.hillsm2.com.au. Company data is provided by S&P Global Market Intelligence. 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.