Mallesons Stephen Jaques and Allens Arthur Robinson have advised on a $2 billion refinancing of a loan to an Australian private hospital operator.

Sydney-based Ramsay Health Care Ltd. has received a $2 billion unsecured debt facility from a syndicate of banks led by Australia and New Zealand Banking Group Ltd., National Australia Bank Ltd., and Westpac Banking Corp. Ramsay, which operates 117 hospitals and surgery facilities in Australia, the U.K., France and Indonesia, already has an existing debt facility which will mature in November next year.

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