US$300m financing of SXNext undersea cable

  • Cameron Partners advised Southern Cross Cable Network (SCCN) on the US$300m financing of the SXNext undersea cable
  • Cameron Partners provided advice to SCCN on the business case, equity and ownership arrangements and arranged the debt financing
  • As part of the process, Telstra became a 25% shareholder in SCCN. Other shareholders are Spark NZ, Singapore Telecom, Optus Communications and Verizon