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
Azure Minerals Limited
Advised ASX-listed Azure Minerals Limited on its A$1.7 billion joint acquisition by Sociedad Química y Minera de Chile S.A. and Hancock Prospecting Pty Ltd, by way of a dual scheme of arrangement and takeover bid structure.
Silver Lake Resources Limited
Advised ASX-listed Silver Lake Resources Limited on its $A2.3 billion ‘merger of equals’ with Red 5 Limited to create ASX’s fifth largest gold producer.
Paladin Energy Limited
Advised ASX-listed Paladin Energy Limited on its C$1.1 billion acquisition of Fission Uranium Corporation.
M Resources / GEAR Consortium
Advised M Resources and Golden Energy and Resources Pte. Ltd on its acquisition of the Illawarra Metallurgical Coal business from South32 for up to A$2.5 billion.
Mineral Resources Limited
Advised ASX-50 diversified resources company Mineral Resources Limited on its refinancing of the existing secured debt owed by SGX-listed Alita Resources Ltd and its subsequent acquisition of the operating Bald Hill lithium mine in Western Australia.
Anglo American
Advised Anglo American on the sale of an iron ore royalty relating to the Onslow Iron Project in the Pilbara, Western Australia to Taurus Funds Management.