find the latest legal job
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Insurance Lawyer (1 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Great Career Opportunity ·
View details
Insurance and Health Lawyer (1-4 PAE)
Category: Insurance and Superannuation Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· New position to support Growth ·
View details
$300m syndicated banking facility established

$300m syndicated banking facility established

Karla Fraser Allens

Multiple firms have advised on the establishment of a syndicated banking facility to assist Silver Chef Limited’s growth in overseas markets.

Firms: Allens (ANZ Banking Group Limited, Bank of Queensland Limited, Commonwealth Bank of Australia, HSBC Bank Australia Limited and Westpac Banking Corporation)

Ashurst Australia (Borrower's Australian Counsel)

Anderson Lloyd (Syndicate's New Zealand Counsel)

Chapman Tripp (Borrower's New Zealand Counsel)

Dentons (Syndicate's Canadian Counsel)

Strikeman Elliott (Borrower's Canadian Counsel)

Deal: Establishment of syndicated banking facility for business equipment financier Silver Chef Limited.

Value: $300 million

Area: Banking and Finance

Key Players: The Allens team was led by partner Karla Fraser, who was joined by senior associate Jacinta Dyer.

Deal Significance: Allens advised a syndicate of banks, namely ANZ, Bank of Queensland, CBA, HSBC and Westpac, on the provision of a $300 million banking facility to business equipment financier Silver Chef Limited.

Silver Chef Limited is an Australian company that provides hospitality equipment funding and has plans to expand overseas.

The multi-currency facility will allow Silver Chef to borrow in New Zealand, Canadian and Australian dollars.

Allens’ leading partner Karla Fraser said: “We were very pleased to be able to assist our banking clients on this strategic cross-border financing for Silver Chef.”

Like this story? Subscribe to our free newsletter and receive Lawyers Weekly every day straight to your inbox.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

$300m syndicated banking facility established
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Please, Continue (Hamlet), Melbourne Festival
Oct 16 2017
Hamlet suffers slings and arrows of top Victorian barristers
Victorian judges and barristers have performed the unique play Please, Continue (Hamlet) at the Melb...
Julian Assange
Oct 13 2017
When justice fails, according to Assange
WikiLeaks founder Julian Assange has dismissed the capacity of judicial systems to deal with complex...
Aussie anti-terrorism laws, detention of 10-year-olds
Oct 13 2017
Treatment of kids under Aussie anti-terrorism laws an over-reach: ABA
The Australian Bar Association has urged the government to reconsider proposed reforms to Australian...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...