Australian bank: Acted for a major Australian Bank in connection with the $320 million equity bridge funding of DUET (Diversified Utilities and Energy Trust) Group's acquisition of a 1/3 (approx) interest in the Duquesne Light power utility in the United States.
Syndicated bank group: Acted for a group of 10 banks in connection with the $685 million general corporate re-financing of DUET (Diversified Utilities and Energy Trust) Group's POWERS listed securities and for the provision of working capital and investment capacity. The transaction involved non market standard security structuring to deal with issues arising from Division 6C of the Income Tax Assessment Act 1936.
Listed infrastructure fund: Acted for a listed infrastructure fund in connection with a revolving $540 million acquisition funding facility provided by a group of eight banks. The transaction involved non market standard security structuring to deal with issues arising from Division 6C of the Income Tax Assessment Act 1936.
Australian bank: Acted for a major Australian bank as lead arranger in connection with a $650 million multi option corporate funding facility in connection with an overseas fund's acquisition of a listed Australian Property development group and the subsequent refinance and restructure of these group facilities.Listed property fund: Acted for a listed property fund in connection with the $350 million funding of the acquisition a property fund's seed assets at the time of listing and subsequent acquisition of a number of properties situated in France.
Unlisted property fund: Acted for the listed parent in respect of various retail and commercial property funds operated and managed by it, including the $240 million refinancing of one its direct domestic property funds.
Developer Vehicle: Acted as the transaction lawyers for the developer vehicles in connection with the redevelopment of the Woolloomooloo Finger Wharf, Jones Bay Wharf and Darling Island in Sydney.
Listed corporate entity: Acted for a listed corporate entity in connection with the $600 million bridge funding of the acquisition of strategic holding interest in another listed corporate entity.
Listed corporate entity: Acted for a top 50 ASX listed corporate in the restructure of its $5.4 billion corporate facilities, including covenant revision and restructuring and release of security upon achieving investment grade status and successful 144A US$1 billion bond issue.
Australian banks: Acted for a syndicate of banks on the restructuring of their $300 million cash advance facilities with a major Australian property owner and developer.
Acquisition of Strategic stake in TEN: Acted for an Australian bank in funding Lachlan Murdoch's 9 percent interest in TEN.
Australian banks: Acted for major Australian banks on structured margin loan and packaged products that are distributed by financial planners.
