Stonepeak-Plus INFRA1 Note has commenced trading on the ASX under the ticker code “SPPHA”
Provides investors access to high-quality infrastructure debt
NEW YORK & SYDNEY–(BUSINESS WIRE)–Stonepeak (“Stonepeak”), a leading global alternative investment firm specializing in infrastructure and real assets, today announced that the Stonepeak-Plus INFRA1 Note (the “Note”), an unsecured, deferrable, redeemable floating rate debt security has commenced trading on the Australian Securities Exchange (“ASX”) under the ticker code “SPPHA”.
The Stonepeak-Plus INFRA1 Note provides Australian investors with access to regular monthly income generated primarily through a curated portfolio of high-quality infrastructure debt assets. This successful listing follows the strong initial demand Stonepeak received for the Note offering, which surpassed the A$300 million target in cornerstone commitments.
Debt investments for the Note will be sourced predominately from critical infrastructure assets in the transportation and logistics, energy and energy transition, communication and digital, and social infrastructure sectors in Australia, New Zealand, and other markets. The interest rate applicable to Stonepeak-Plus INFRA1 Notes is a benchmark rate of BBSW (1 month) + a margin of 3.25% per annum which accrues on a monthly basis, and the Note will have a target repayment date six years after the issue date.
“Today marks an exciting milestone for Stonepeak, as our first Australian listed note begins trading on the ASX. We’re proud to be broadening access to infrastructure debt given the benefits it can have for investors’ portfolios as an asset class that favors downside protection and risk-adjusted returns. We are excited to celebrate this important moment, and look forward to bringing a high-quality portfolio of infrastructure debt assets to our investors,” said Andrew Robertson, Senior Managing Director and Head of Australia and New Zealand Private Credit at Stonepeak.
“The launch of Stonepeak-Plus INFRA1 on the ASX builds on our success in infrastructure credit and is a testament to the talent of our global Stonepeak Credit team. We will continue to look for ways to deliver resilient, income-generating solutions for investors through compelling opportunities in the credit space, and create more equitable opportunities for investors to access the asset class,” said Stonepeak Co-President Jack Howell.
Today, Stonepeak Credit comprises nearly 30 investment professionals, counts more than 85 investments in its portfolio, and manages approximately A$2.9 billion in assets. Notably, this year Stonepeak completed the acquisition of Boundary Street Capital, a leading specialist private credit investment manager focused on the digital infrastructure, enterprise infrastructure software, and technology services sectors in the lower middle market. The launch of the Note also reflects the continued growth of Stonepeak+, Stonepeak’s dedicated wealth solutions platform.
E&P Capital, Westpac, Morgans, FIIG Securities, MST, and Shaw and Partners are serving as financial advisers to Stonepeak, with Corrs Chambers Westgarth acting as legal adviser.
About Stonepeak Credit
Stonepeak Credit is the credit investing arm of Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately A$121.1 billion (USD$80 billion) of assets under management. Stonepeak Credit targets credit investments across the transportation and logistics, energy and energy transition, digital infrastructure, and social infrastructure sectors that provide essential services with downside protection, high barriers to entry and visible, recurring revenue generation. It seeks to provide capital solutions that are flexible across the capital structure while generating cash yield through majority senior secured credit investments.
Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.
Important Notices
Stonepeak-Plus Infra Debt Limited (ACN 692 150 253) (Issuer) is the issuer of the unsecured, deferrable, redeemable, floating rate notes known as the Stonepeak-Plus INFRA1 Notes (Notes) which are quoted on the ASX. The Notes are redeemable by the Issuer and interest is deferrable by the Issuer in certain cases. Unless otherwise specified, any information contained in this material is current as at the date of publication and has been prepared by the Issuer.
The offer of Notes was made by a prospectus (Prospectus) which is available, along with a target market determination (TMD), at https://stonepeakplus.com.au/, which sets out important information about the Notes, including the related investment risks.
The Issuer appointed EQT Australia Pty Ltd (ACN 111 042 132) (Authorised Intermediary) as authorised intermediary to make offers to arrange for the issue of Notes under the Prospectus, pursuant to section 911A(2)(b) of the Corporations Act 2001 (Cth). The Authorised Intermediary is an Australian financial services representative (number 1262369) of Equity Trustees Limited (ACN 004 031 298; AFSL 240975). Stonepeak-Plus Infra Debt Management Pty Ltd (ACN 691 462 067, authorised representative no. 001318081) (Manager) provides investment management and other services to the Issuer.
The Issuer is not licensed to provide financial product advice in relation to the Notes. The information provided is intended to be general in nature only. This material has been prepared without taking into account any person’s objectives, financial situation or needs. Any person receiving the information in this material should consider the appropriateness of the information, in light of their own objectives, financial situation or needs before acting.
Past performance is not a reliable indicator of future performance. Investments in the Notes are subject to investment risk, including possible delays in payment and loss of interest or principal invested. The Notes and their performance are not guaranteed by any member of the Stonepeak Group or any other person. The Notes are not bank deposits.
The material has not been independently verified. No reliance may be placed for any purpose on the material or its accuracy, fairness, correctness or completeness. To the fullest extent permitted by law, the Issuer, the Manager, the Authorised Intermediary or any other member of the Stonepeak Group and their respective associates and employees shall have no liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this material or otherwise in connection with the information.
The above AUM is as of June 2025 inclusive of subsequent committed capital. Certain of these investments have signed but are pending close, and there can be no assurance they will close or that if they close that it will be on the terms currently agreed. The AUM, employee and investment information relates to Stonepeak Group, and not the Issuer.
Contacts
Kate Beers / Maya Brounstein
[email protected]
+1 (646) 540-5225
Jack Gordon
[email protected]
+61 478 060 362
