Deutsche Bank supports North Queensland Airports with refinancing package

Deutsche Bank has committed AUD 100 million as sole lender in the 12-year tranche of a refinancing package for North Queensland Airports (NQA). The transaction supports the continued operation and development of two of regional Australia’s strategically important aviation assets: Cairns Airport and Mackay Airport.

The broader refinancing was structured as a multi-tranche debt facility, bringing together a consortium of lenders across three to 12-year tenors. Reflecting its long-term confidence in the assets, Deutsche Bank acted as the sole lender in the 12-year tranche, extending NQA’s overall debt maturity profile. This refinancing will support ongoing operations, maintenance, and future capital investments across its airport network.

NQA’s assets form a diversified aviation platform vital to the region. Cairns Airport, the seventh busiest in Australia, serves as a primary gateway to key international tourism destinations, including the Great Barrier Reef and Daintree Rainforest. Mackay Airport provides essential connectivity for communities and industries across regional Queensland. Together, these assets play a major role in supporting tourism, regional access and economic activity.

“This transaction highlights Deutsche Bank’s expertise and commitment to delivering tailored financing solutions for high-quality infrastructure that support regional connectivity and economic growth in Australia.”Gary Cheah, Director in Project Finance at Deutsche Bank