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Lochard Energy achieves billion-dollar refinancing

Global law firm King & Wood Mallesons has assisted Lochard Energy on its refinancing worth approximately $1.3 billion.

October 01, 2021 • By Emma Musgrave
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Lochard Energy achieves billion-dollar refinancing
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Firm: King & Wood Mallesons (Lochard Energy).

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Deal: Lochard Energy has raised approximately $1.3 billion to be used to refinance $1.06 billion of existing debt and associated transaction costs, as well as fund Lochard Energy’s future corporate and capital expenditure requirements.

 
 

Value: Approximately $1.3 billion.

Area: Finance.

Key players: The KWM team advising Lochard Energy was led by partner Claire Rogers and supported by senior associate Amy Maguire and solicitors Amaryllis Tian and Lily Rayment.

Deal significance: Financial close was reached on 16 September 2021.

Commenting on the refinancing, Claire Rogers said: “It’s been fantastic to continue our relationship with Lochard Energy advising them on their latest refinancing. The market response to the refinancing reflects very positively on the strength of Lochard Energy’s business and the opportunities for growth.”

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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