Deals

United Rentals

Advised United Rentals, a major construction and equipment provider, on the A$6.4 billion refinancing of its secured asset-based revolving facility, which is one of the largest cross-border asset-based lending refinancings with an Australian nexus.

Lenders to John Holland

Advised a syndicate of 15 lenders on the refinancing of a A$1.5 billion bank guarantee facility with a sustainability-linked loan, for infrastructure and building developer John Holland. Additionally, advised two of the syndicate lenders in relation to their respective bilateral bank guarantee facilities provided to John Holland.

Quadrant Private Equity

Advised Quadrant Private Equity on various leveraged finance transactions, including the acquisitions of Circuitwise, an electronics manufacturer; Connetico, a leading cloud and data services provider; and LegalVision, a commercial law firm.

Lenders to Endeavour Group

Advised the lenders on the A$1 billion refinancing of syndicated facilities provided to Endeavour Group, one of Australia’s largest retail drinks and hospitality businesses.

Sekisui House

Advised Sekisui House, including acting in Planning and Environment Court appeals, in relation to planning and environmental issues relating to proposed Yaroomba Beach hotel and apartment development, including measures to protect endangered sea turtles from lighting impacts.

Transport for NSW (TfNSW)

Advised Transport for New South Wales (TfNSW) on environmental impact assessment and planning approval processes for a significant road upgrade project, focusing on biodiversity-related issues that influenced the implementation of wildlife underpasses, including those for koalas and other fauna.

Queensland Department of State Development, Infrastructure and Planning

Acted for Department in Planning and Environment Court appeal defending decision to refuse development application by pastoralist to clear 13,000+ hectares of protected vegetation.

Transgrid

Advised Transgrid as proponent of major critical state significant infrastructure projects on biodiversity matters, including the application of the NSW Biodiversity Offset Scheme in line with Nature Positive reforms. Conducted detailed legal reviews of environmental assessment documentation, with a particular focus on Biodiversity Development Assessment Reports (BDARs) and proposed biodiversity offset strategies.

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.

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.

MLAs to Woolworths Group

Advised the Mandated Lead Arrangers on Woolworths Group’s syndicated facilities, which included a complex multi-lender engagement involving over 30 domestic and international lenders. The MLAs provided syndicated and bilateral commitments totalling over A$1.5 billion for one of Australia’s largest retail groups.

Flight Centre

Advised Flight Centre (ASX: FLT) in relation to various corporate financing transactions, including its syndicated multi-option corporate facilities.

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.

Coca-Cola European Partners

Advised Coca-Cola on its €1.95 billion Sustainability Linked Facility which formed part of the financing utilised to acquire Coca-Cola Amatil Coca-Cola European Partners (now known Coca-Cola Europacific Partners after the merger).