find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Gold producer establishes debt facility

Gold producer establishes debt facility

A global firm has advised lenders on the establishment of a syndicated revolving debt facility for Northern Star Resources Limited.

Firm: Allens (lenders); Wright Legal (Northern Star Resources)

Deal: Northern Star Resources Limited established a syndicated revolving debt facility.

Value: $100 million

Area: Banking and finance

Key players: The Allens banking and finance team was led by partner Ben Farnsworth (pictured), with assistance from senior associate Jamie Donnelly and associate Brooke Silcox.

The Allens energy, resources and infrastructure team consisted of partner Jodi Reinmuth, senior associate Bree Rowswell and lawyer Alistair Stolz.

The team from Wright Legal comprised of directors Trish Chapman and Dom McGreal.

Deal significance: A $100 million syndicated revolving debt facility was established for Northern Star Resources Limited, replacing Northern Star's previous undrawn senior facility.

The new three-year facility provides Northern Star, a Perth-based gold producer with global scale, with a broader base of relationship banks, updated documentation and lower financing costs.

“We were pleased to have been able to help the bank group and work closely with Northern Star and its counsel to put in place Northern Star's first syndicated facility,” said Allens lead partner Mr Farnsworth.

“It is exciting to be involved with Northern Star, which has quickly become one of the most significant players in the Australian gold sector.”


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

Gold producer establishes debt facility
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Dec 15 2017
Timing ‘critical’ in unusual contempt of court ruling
A recent case could have interesting implications for contempt of court rulings, according to a Ferr...
Dec 14 2017
International arbitration and business culture
Promoted by Maxwell Chambers. This article discusses the impact of international arbitration on t...
Papua New Guinea flag
Dec 14 2017
World-first mining case launched in PNG
Citizens of Papua New Guinea have launched landmark legal proceedings against the country’s govern...
APPOINTMENTS
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'...
opinion
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...
Help
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 & ...