You have 0 free articles left this month.

Lawyers Weekly - legal news for Australian lawyers

Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
Big Law

ISP nets refinance

Middletons and King & Wood Mallesons have acted on the refinance of internet service provider iiNet.

November 21, 2012 By Digital
expand image

Firms: Middletons (iiNet), King & Wood Mallesons (syndicate of banks)

 
 

Deal: Refinancing of internet service provider iiNet.

Area: Corporate

Value: $330 million

Key players: The KWM team was led by partner Nicholas Creed (pictured) who was supported by senior associates Cameron Roper and Edmund Chan and solicitors Crystal Chan and Andrew Lane.

Deal significance: The new $330 million syndicated debt facility provided by Westpac Banking Corporation, Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia and National Australia Bank Limited consists of a $247.5 million 3 year tranche and an $82.5 million 4 year tranche which replaces the iiNet’s previous club facility.

Tags
You need to be a member to post comments. Become a member today
Got a tip for us?
If you have any news tips or stories to share, feel free to send them our way.
Momentum Media Logo
Most Innovative Company