Banking & Finance
Our banking and finance team has hands on experience with a range of local and foreign banks, finance companies, borrowers and government departments.
For over 20 years, we have acted for the Bank of New Zealand Australia - a division of NAB - and regularly negotiate finance for clients including a listed property trust, an aged care facilities group owner, property developers, rural property syndicates and pharmacy groups.
We handle complex and bulk standard transactions, with a streamlined process ensuring cost effective and timely service delivery.
Our areas of expertise include:
- Structuring transactions and preparing security documents for:
- Debentures (fixed and floating)
- Bills of sale
- Ships mortgages
- Guarantees and indemnities (fixed and unlimited)
- Negative pledges
- Residential and commercial mortgages
- Mortgages over shares
- Cross-collateralised loans
- Put and call options
- Charge over money
- Negotiating and preparing ancillary documents such as Rights of Entry; Freehold Mortgagee's Consents and Tripartite Agreements involving third parties
- Structuring and documenting bank guarantees, letters of credit, letters of comfort, bills of exchange and other business documentation
- Sell down of risk
- Secured recoveries
- Project finance, preparation of information memoranda and conducting due diligence.
Our experience:
- Acting on behalf of listed property trust negotiating mortgage documentation with various financiers for multi-million dollar loans to acquire and/or establish over 400 childcare centres throughout Australia and New Zealand
- Advising on the requirements of various regulatory bodies including the Gaming Commission, Liquor Licensing Commission, Health Insurance Commission (HIC) and the Australian Community Pharmacy Authority (ACPA)
- Documenting transactions for a financier's business clients including mortgages, debentures, guarantees and indemnities, deeds of subordination, and bills of sale
- Negotiating securities over fishing licenses, rent roll, book debts and other industry specific assets
- Structuring loans for a pharmacy group and negotiating guarantees from the Australian Pharmaceutical Industries Limited.
For further information, please contact Lynette Reynolds.
