Partner John Schembri led the team and was assisted by senior lawyers Adrian Chiodo and Simon Miles and graduate Adam Payne. 

The financing comprised three syndicated facilities, including a five-year term loan, a contingent liability facility and a working capital facility, totalling $250 million. 

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There was also a separate syndicated leveraged leasing facility totalling approximately $119 million to finance mobile equipment leases used in the Moolarben coal project. The transaction included undertaking full due diligence and drafting and negotiating facility documentation. 

Felix will use the money to provide additional funding towards the development of its Moolarben coal project and for other general corporate purposes. 

“We are seeing the return of syndicated facilities as an attractive method of financing, particularly for good quality borrowers with strong cashflows”, Schembri said. 

Shareholders in the Chinese miner, Yanzhou Coal, approved the company's takeover of the Australian firm Felix on Tuesday this week. 

The decision clears the way for Felix shareholders to vote on the $3.5 billion deal when they meet next month. 

Felix has said the company would continue to work on the transaction ahead of its own shareholder vote on 8 December.