Case Studies

A$700m+ Loan Refinancing

Client

Australian subsidiary of a major Asia based company active in upstream and midstream conventional and renewable power generation

The Project

First stage: To review company existing financial arrangements, current market conditions, credit metrics and provide a refinancing strategy and recommendations report to senior management for a ~A$700million of bank loan and guarantee facilities.

Second Stage: To assist the Client in the implementation of the agreed refinancing plan through careful management of current lenders and the introduction of new lenders.
 

Competitive Refinancing

Client

Australia’s second largest records management services provider owned by private equity

The Project

The Client was seeking to refinance their senior and vendor (subordinated) debt and provide additional headroom for organic growth but also to fund an acquisition pipeline.  Being private equity owned the Client was being shoehorned into a traditional leverage loan financing ie high margins with unduly restrictive conditions by two Australian banks.

Magma Capital was engaged to provide independent, expert advice of what the client could reasonably expect to achieve and to drive the successful refinancing.