Discovery Holiday Parks
Advised Discovery Holiday Parks, Australia’s largest operator of lifestyle parks, on its financing arrangements, including on their recent $775 million corporate refinancing.
Flight Centre
Advised Flight Centre (ASX: FLT) in relation to various corporate financing transactions, including its syndicated multi-option corporate facilities.
Lenders to Woolworths
Advised the mandated lead arrangers on Woolworths (ASX: WOW) syndicated facilities. The lending syndicate involved over 30 lenders, providing syndicated and bilateral commitments totalling over A$1.5 billion.
Lenders to SEEK Limited
Advised lead arrangers on a circa A$1.4 billion cross-border multi-currency syndicated facility to SEEK Limited, Australia’s leading HR consulting company, involving advice in Brazil, the Netherlands, Hong Kong, Mexico, New Zealand and Singapore provided by a syndicate of 20 domestic and international banks.
Lenders to Kinetic Transport
Advised a syndicate of domestic and global lenders, being 14 lenders in total, to the Kinetic Group, Australia and NZ's largest bus network, on a refinancing of ~A$1.1 billion of acquisition, growth capital expenditure, maintenance capital expenditure and working capital facilities. As part of the refinancing, the parties added a specialist green financing platform to the lending structure to finance the roll-out of electric buses in New Zealand.
Ray White Capital
Acted for Ray White Capital and a syndicate of domestic and offshore lenders in a circa A$900 million syndicated loan note subscription agreement to Roberts Jones for a landmark industrial and logistics site within the Western Sydney Aerotropolis located directly across from the Badgerys Creek airport. The Western Sydney Aerotropolis will become a thriving economic centre in Western Sydney and will contribute towards 200,000 new jobs in the broader Western Parkland City.
KKR industrial and logistics portfolio
Acted for the lender on a syndicated facility to a JV between KKR and a domestic property developer, in relation to a portfolio of 25+ industrial and logistical sites across all eastern states of Australia. The financing involved a complex negotiation regarding sponsor support from KKR.
Lenders on West Side Place project
Advised the lenders on the A$2 billion Stage 1 and 2 of Far East Consortium’s West Side Place project in Melbourne’s CBD, including over 2,500 residential apartments, a Ritz Carlton Hotel and a Dorsett Hotel. The project involved complicated property titling issues, non-disturbance arrangements, and staged settlement of low and mid-rise residential components whilst construction of high-rise aspects of the projects was still to be completed.
Lenders on BTRTO project
Advised lenders on the Assemble Communities’ build-to-rent-to-own projects. The Assemble Futures model combines residential leases with a purchase option and is backed by some of Australia’s largest superannuation funds.
Cabot Properties
Advised a fund managed by US based Cabot Properties Inc in relation to financing for construction of an industrial park development in Campbellfield in outer Melbourne