Hall & Wilcox has advised Spirit Super on the divestment of its interest in two foreign currency denominated syndicated loans to separate European infrastructure entities, each of which represented an interest of approximately A$45-55 million.
The cross-border transaction, involving entities in the UK, France and Australia, was completed under tight 30 June deadlines.
Hall & Wilcox reviewed the loan documentation, prepared the transfer documentation ready for execution and settlement, and worked closely with the client and their asset consultant to ensure the Fund’s interests were adequately protected.
Mark Inston said, ‘This deal demonstrated Hall & Wilcox’s ability to work on fast-moving, cross-border transactions. We really valued the opportunity to work with Spirit Super and their asset consultant to get everything settled within a tight timeframe.’
Hall & Wilcox is a leading independent law firm of more than 950 people, including over 110 partners. We service corporate, public sector and private clients, both Australian-based and those offshore doing business in Australia.
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