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King & Wood Mallesons assists Infigen Energy to finalise its capital restructure

25 Apr 2018

A King & Wood Mallesons (KWM) team led by Rebecca Finkelstein and Yuen-Yee Cho advised Infigen Energy on its recent $605 million financing transaction and the unwinding of its existing global corporate finance and Woodlawn project finance arrangements. 

This transaction complements the corporate and capital markets work that KWM has been undertaking with Infigen Energy over a number of years, led by Shannon Finch and David Friedlander.
 
Rebecca Finkelstein said “We are delighted to have assisted our long-term client, Infigen Energy, to implement a capital structure which provides a platform for delivering their business strategy and continues their evolution as an active energy market participant.  We brought together the firm’s financing, infrastructure, energy, capital markets and taxation expertise, and worked closely with the Infigen Energy team to deliver a market-leading financing solution.”
 
Yuen-Yee Cho also commented ”The financing had several unique features, combining an institutional term loan facility underwritten by Goldman Sachs, with a super-senior revolving working capital/bonding facility arranged by Infigen Energy.  As far as we are aware, this is the first super-senior working capital/bonding facility in the Australian loan markets for a listed corporate.”
 
The KWM team working on the financing transaction also included partners Mark Upfold and Dominic Bortoluzzi, and Solicitors June Guo, Joshua Saville, Boer Ma and Paul Propper.

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources