Deals

Kio Investment Management

Advised Kio Investment Management, a Warburg Pincus-backed fund, on its inaugural investments, consisting of separate senior debt facilities to enable it to acquire and fund the development of four new build-to-rent or co-living projects in Melbourne, Sydney and Brisbane. Once completed, the projects will deliver over 780 new apartments to be leased and managed by Kio.

Lenders to Lendlease

Advised a major Australian bank as lender on the financing of the development of Melbourne Quarter Tower and One Melbourne Quarter by Lendlease. The development includes a commercial office building and a mixed-use retail building within the commercial Melbourne Quarter precinct in Melbourne’s CBD.

Mirvac

Advised Mirvac, a leading Australian property group, in relation to the establishment of a 50/50 joint venture with Mitsubishi Estate Asia for the funding and development of Harbourside, a mixed-use development at Darling Harbour in Sydney, comprising residential, retail and commercial components and the external financing arrangements.

Private credit fund

Advised a private credit fund on Deicorp Group’s A$1.14 billion facility secured against three development assets in New South Wales, including: the acquisition of 3 Andalusian Way, Castle Hill; the restructuring of the project funding on the mixed-use development of Melrose Central; and restructuring the project funding to progress the construction of ‘Marquet and Mary’ in Rhodes. Also advised on a mezzanine construction financing for a major residential development in New South Wales. Other matters include the refinancing of its existing mezzanine debt facilities and a new senior debt financing for a hotel redevelopment owned by Salter Brothers.

Amazon Web Services (AWS)

Advised AWS on the establishment of its cloud computing business in Sydney and across the Asia-Pacific, including establishment of the required data centre and telecommunications infrastructure and hardware such as racks, servers, CPUs and GPUs.

Big 4 Bank

Advising on its data centre co-location strategy including its contractual terms with a multinational data centre company.

Copper Mountain Mining Corporation

Advised on the court-approved plan of arrangement between Hudbay and Copper Mountain pursuant to which Hudbay acquired all of the issued and outstanding common shares of Copper Mountain.

Global Lithium Resources

Advised Global Lithium Resources on the acquisition of 100% of the Manna Lithium Project together with an associated capital raising.

Adamantem Capital

Advised the major lender in respect of debt facilities provided to Adamantem Capital to fund the acquisition of PAC Trading, a sustainable packaging solutions company. This was the first investment made by Adamantem Capital’s Environmental Opportunity Fund.

Next Capital

Advised private equity investor Next Capital on three significant transactions – the acquisition of Country Care Group funded by a combination of equity and syndicated debt facilities; the acquisition of Compare Club which included both senior debt and vendor financing; and the take private of Alloggio (ASX:ALO), conducted via a scheme of arrangement.

Adora Fertility and Genea Limited

Advised the senior lenders to Liverpool Partners on the acquisition of all of the shares in Adora Fertility and Genea Limited, each being leading suppliers of fertility treatments.

Pacific Metals Group

Advised Roc Partners on behalf of the Victorian Business Growth Fund (VBGF) on its investment to acquire a controlling interest of the Pacific Metals Group. Managed by Roc Partners, the VBGF is a A$250 million program established by the Victorian Government and First State Super to support long-term growth opportunities for businesses across Victoria.

Architectus

Advised private equity investor Mercury Capital on acquisition financing for a 50% stake in Architectus, a top tier commercial architecture and design firm.

Virtus Health Limited (ASX: VRT)

Advised Morgan Stanley and Goldman Sachs lending to UK private equity firm, CapVest Partners, for its takeover bid for Virtus Health Limited. The structure included documenting facilities which allowed for the bid to occur by way of either a scheme of arrangement or, if the scheme was not approved, an off-market takeover offer.