Ramsay Health Care
Advised a syndicate of banks, led by ANZ, NAB and Westpac, on the refinancing of global private hospital group Ramsay Health Care Limited.
Archer Capital
Advised Archer Capital on the establishment of Australian Hospital Partners Pty Limited and its acquisition of 100 per cent of Healthe Care Australia Pty Limited from CHAMP Ventures, Healthe Holdings, ING Investment Management and BOS International (Australia) Limited.
Origin Energy
Acted for Origin Energy Limited on the execution of new bank debt facilities of
$2.6 billion, involving a syndicated bank loan for A$2.3 billion and US$200
million, together with an A$100 million bilateral bank guarantee facility.
Babcock & Brown Infrastructure recapitalisation
Acting for the syndicate of 11 banks on the A$1.8 billion recapitalisation of
Babcock & Brown Infrastructure. This deal was significant in ensuring the
ongoing viability of Babcock & Brown Infrastructure Group.
Centro Property Group restructure
Acting for the Australian financiers to the Centro Property Group on its
restructuring and workout. This is the most significant workout to have occurred
in Australia for some time.
Commonwealth of Australia
Advised on the establishment of a Special Purpose Vehicle to provide funding of
up to A$1.3 billion to financiers of Australian car dealerships following the
announcement of the withdrawal of major financiers to that sector.
Billabong International
Advised Billabong International on the US$700 million restructuring of their
debt facilities. The deal team was able to work with a large bank group located
in various jurisdictions while managing the release of the security and the
entry into the new facility documents.
Archer Capital and Habourvest
Acting for Archer Capital and Habourvest on all the leveraged financing aspects
of its acquisition of MYOB Limited, including procuring A$250 million of senior
facilities.
Lehman Brothers Treasury Co B.V.
Acted for the Dutch bankruptcy trustee of Lehman Brothers' insolvent European
finance vehicle Lehman Brothers Treasury Co B.V. in respect of A$600 million of
Australian notes in default that had been uplifted out of Austraclear.
Alinta
Advised Babcock & Brown Power on the refinancing of its existing project and
acquisition finance facilities used for the acquisition of power assets of
Alinta Ltd, the Flinders Power Project, the Braemar Power Project (Stage 1), the
Alinta Pinjarra Cogeneration Project and the Alinta Wagerup Cogeneration
Project.
Coles Group
Acted for Wesfarmers Ltd in its $A20 billion cash and share offer for Coles
Group Limited via a scheme of arrangement. The takeover represents the largest
financing transaction in Australian corporate history and has resulted in
Wesfarmers becoming Australia's largest retailer and private sector employer.
Westpac Banking Corporation
Acted for Westpac on several issues of Samurai bonds in the Japanese market to
both wholesale and retail investors throughout 2008 and 2009.
Boart Longyear and Dyno Nobel
Acted for Macquarie Bank in relation to the funding arrangements for its US$1.5
billion acquisition of Boart Longyear and US$1.7 billion acquisition of Dyno
Nobel. Also advised on the subsequent IPO funding of both organisations.
Hoyts
Advised ANZ Fiduciary Services as senior and subordinated facility agents in the
provision of financing in connection with Pacific Equity Partners' A$440 million
acquisition of the Hoyts Group in Australia and New Zealand.
UBS
Acted as English and Australian counsel to UBS, as the lead manager of a A$75
million convertible bond issue by Industrea Limited to international investors
to part fund the acquisition of Huddy's Plant Hire Pty Limited.
Wesfarmers
Acted for Wesfarmers in obtaining a forward debt extension totalling A$4.1
billion on its syndicated facility and a large number of bilaterals. This was
the first transaction of this type in the Asia Pacific.
Babcock & Brown Australia Pty Limited
Advised the mandated lead arrangers and underwriters of an A$2.7 billion
multi-currency term and revolving syndicated facility extended to BBP Finance
Australia Pty Limited.
Westpac Institutional Bank
Acted for Westpac Institutional Bank, the arrangers and one of the syndicate of
financiers of Channel 10's refinancing of its corporate facility. The facility
was converted from single currency to multi-currency.
Macquarie Leasing
Advised on the SMART securitisation programme. This was a novel transaction as
it involved creating two warehouse facilities, the first warehouse ever
undertaken by Macquarie Leasing.
Westpac Banking Corporation
Advised Westpac on the A$10 billion internal securitisation of residential
mortgages. This deal involved a novel fundraising approach which took advantage
of the Reserve Bank of Australia's decision in late 2007 to broaden the type of
collateral it was prepared to accept in repurchase agreements
Westpac Banking Corporation
Advised Westpac who provided revolving facilities worth GBP100 million to the
AMP Structured Investment Trust Europe to finance infrastructure-related
acquisitions in OECD countries.
The Bank of Tokyo-Mitsubishi UFJ Limited
Advised The Bank of Tokyo-Mitsubishi UFJ Limited (BTMU) as the
debt providers in the US$400 million capital raising for Babcock & Brown Asia
Infrastructure Fund (BBAIF).
Westpac Banking Corporation and The Royal Bank of Scotland plc, Australia
Branch Institutional Bank
Advised the mandated lead arrangers and financiers for the extension of an
existing A$269 million syndicated facility and financing of a new A$327 million
syndicated working capital facility for AGL Energy Limited
Macquarie Office Management Limited (MOML)
Acted for MOML to syndicate an existing multi-currency loan facility provided by
Westpac Banking Corporation to include CBA, HSBC and ING. The existing loan was
used to finance the acquisition of various commercial properties situated in
various jurisdictions including Australia and the United States
Wesfarmers Limited
Advising on the establishment of its 3,000,000,000 Euro Medium Term Note
Programme listed on the Singapore Stock Exchange and on US$650 million in notes
issued to the US debt capital markets in compliance with US Securities Laws Rule
144A.
Alumina
Advised on its issue of US$350 million 2.0 per cent guaranteed convertible
bonds, due 2013 to international investors. The bonds were listed on the
Singapore Stock Exchange and are convertible into ordinary shares of Alumina.
Our office was responsible for drafting all transaction documentation and the
listing of the bonds on the SGX.
ANZ Royal Bank
Advised on the preparation of its entire suite of standard lending, security and
trade financing documentation under Cambodian law; assisted ANZ Royal with the
simplification of its Letter of Offer and General Terms and Conditions for
lending facilities; and advising ANZ Royal on its legal ability to vary the
base.
Goodman Group
Acted on a series of transferable loan facilities arranged by Citibank and then
HSBC, providing a total of HK$1.9 billion in property acquisition financing and
the HK$6.2 billion senior and subordinated facilities to refinance the earlier
facilities on the establishment of the Goodman Hong Kong Logistics Fund.
Macquarie Global Property Advisors (MGPA)
Represented Foxhill Investments Limited and Millennium (BVI) No. 2 Limited in
the borrowing of HK$1.8 billion and HK$2 billion respectively for the
refinancing of existing facilities in relation to real property developments
transactions and other general corporate purposes.
PT Perusaahan Gas Negara (Persero)
Acted as English law counsel for PGN (PT Perusahaan Gas Negara (Persero) Tbk) in
the US$350 million financing of the South Sumatra West Java Gas Transmission
Pipeline. The financing involved a US$100 million bridge facility from ING, a
US$50 million facility from International Finance Corporation and a US$225
million long-term facility from the Asian Development Bank.
