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KWM and Gadens work on hospitable deal

KWM and Gadens work on hospitable deal

King & Wood Mallesons has advised Merivale Group on a deal that will allow it to further expand its hospitality business.

Firms: King & Wood Mallesons (Merivale Group); Gadens (the banks)

Deal: Merivale Group’s refinancing of its syndicated debt facilities

Area: Banking & finance

Value: Undisclosed

Key players: The KWM team was led by banking & finance partner Richard Hayes (pictured), who was assisted by senior associate Lynton Hogan, solicitor Andrew Lane and law graduate Yixin Gong; special counsel Leah Ranie advised on the tax aspects of the deal

Deal significance: The Merivale Group owns and operates numerous hotels, restaurants and bars, including Sydney’s The Ivy and Establishment. Commenting on the deal, Richard Hayes said: “It was great to again assist the Merivale Group in relation to its financing activities, which will facilitate the ongoing expansion of this successful and iconic Sydney hospitality group.”

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