MUFG Bank has offloaded $US80m of debt in the Wiggins Island Coal Export Terminal.
The trade was understood to have occurred on Tuesday and it is believed to be on the back of a decision by MUFG eager to exit various investments around the market.
WICET, located in Queensland, underwent a recapitalisation in 2017 that staved off a collapse of the coal infrastructure asset constructed amid boomtime conditions.
It was funded by more than $4bn of debt, to be paid for by miners incurring charges to ship coal out of the terminal over time through take-or-pay contracts.
Various lenders to the asset sold their debt before the restructure, but this is the first trade for some time.
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