Deal profile | Gadens advises Computershare Limited Group on USD900 million syndicated facilities financing
25 June 2018
Gadens has advised Computershare Limited Group on its USD900 million syndicated facilities financing which closed in April 2018. The syndicated facilities comprised a New York law governed USD450 million Syndicated Facilities Agreement and an Australian law governed USD450 million Syndicated Facilities Agreement which were negotiated and closed simultaneously.
Firms involved: Gadens (Acted for Computershare in Australia), Davis Polk & Wardwell, New York and London (Acted for Computershare in the US and the UK), Stikeman Elliot, Toronto (Acted for Computershare in Canada), Gilbert & Tobin (Acted for the Lenders in Australia), Skadden, Arps, Slate, Meagher & Flom (Acted for the Lenders in the US and the UK)
Deal value: USD900M
Deal area: Banking & Finance
Practice groups involved: Banking & Finance
Key players: Gadens partner Doug Scobie (Banking & Finance) led the team. Other team members included Elliot Raleigh (Partner), Matthew Trinca (Senior Associate), Gregory MacCallum (Associate) and Rebecca Ferraro (Lawyer)
The syndicated facilities were structured under a common terms deed so as to establish financing terms for the entry into this and other financing facilities and debt capital markets issues by the Computershare Limited Group in the future.
The Lenders who participated in the syndicated facilities comprised 9 local and overseas banks. The Computershare Obligor group included entities located in Australia, the United States, Canada and the United Kingdom.