Allens is the firm of choice for project financiers in Australia. We have played a leading role in nearly all of the major financings in the market in recent years, as well as numerous small and medium-sized financings, and we have acted for the full range of parties to such deals – financiers, borrowers, sponsors, government, advisers and suppliers.
We have also advised on some of the groundbreaking infrastructure and
resources projects in the Asian region. The strength of our practice in Asia is
bolstered by our network of 10 offices across Asia and our 'best friends'
relationship with leading UK based law firm Slaughter and May.
Our team is often praised for its commerciality and thorough understanding of
the bankability of issues. We know how to draft contracts and documents that
meet the needs of financiers, and to identify and resolve issues that could
potentially delay or break deals. Our clients benefit from our understanding of
alternative sources of funding and our ability to work closely with their
financial advisers.
Leading innovation and ratings
Allens is the current market leader in international project finance in the Asia-Pacific, both in terms of sector experience and regional coverage. We have dedicated project finance partners in Australia, Singapore, Hong Kong, Vietnam and Jakarta. We are ranked in the top-tier for Project Finance by Chambers Global 2008. We ranked as the number one Australian legal adviser on project finance deals completed in 2004, 2005, 2006, 2007 and 2008, according to the highly regarded Dealogic Global Project Finance Review. The firm placed 9th, 10th, 7th, 9th and 8th on the global table for 2008, 2007, 2006, 2005 and 2004, respectively, the only Australian-based firm in the top 10 for the past five years. We were credited with 34 deals for 2008 and apportioned deal credit of $US7,225 billion.
In recent years, the market-leading performance of our Project Finance team comes as a result of advising on the most significant transactions in the region. The size and capability of our team is evidenced through our work on the Mitcham-Frankston tollroad; the sale, restructure and subsequent refinancing and syndication of the Loy Yang A Power Station; the A$1.6 billion refinancing of the Dampier to Bunbury Natural Gas Pipeline; and the acquisition financing and refinancing of Sydney Airport.
Our team's experience and commerciality spans many industries and jurisdictions and we bring this experience together with an ability to deliver on projects to all our clients.