Advising GFG Alliance on A$650 million funding deal

Johnson Winter & Slattery (JWS) is advising GFG Alliance on the addition of A$650 million in credit lines for working capital management and planned growth opportunities.

Announced today, GFG Alliance has formed a new association with U.S. financier White Oak Global Advisors, LLC (“White Oak”) and has expanded its existing relationship with Greensill Capital UK Limited (“Greensill”). 

The financing arrangements, which are expected to close later this month, are:

1. A Secured Term Syndicated Borrowing Base Facility Agreement with White Oak; and
2. A Secured Revolving Credit Facility and Supply Chain Financing facility with Greensill.

As lead legal adviser to GFG Alliance on debt financing since GFG entered the Australian market, JWS partner, Jim Hunwick said, “We are delighted to be GFG Alliance’s legal advisers on such significant financing deals, and to be involved in GFG’s impressive growth trajectory in Australia.”

The JWS team is being led by Jim Hunwick, together with Partner, Craig Wappett, Senior Associate, David Li and Associate, Jesse McNaughton.

 

About Johnson Winter & Slattery

JWS is engaged by major Australian and international corporations and investment funds as legal counsel on their most challenging transactions and disputes throughout Australia and surrounding regions.

Our role

Our representation of major corporations in many landmark and transformational deals and complex disputes positions us as a leading independent Australian firm.

Our approach

With an appreciation of our client's commercial needs, we blend legal expertise with commercial and market awareness to deliver high quality legal services. This means working closely with clients and their in-house counsel to understand their commercial objectives, and ensuring our approach is tailored to deliver timely commercial outcomes.

Our difference

Our higher ratio of senior lawyers means clients engage directly with the tactical minds and industry expertise required to succeed in complex and high stakes deals and disputes. A partnership ethos of service, technical excellence and collaboration ensures the most relevant specialist expertise and experience is brought to bear on every assignment.

 

Media contact

Kate Potter, Business Development Director
T. +61 2 8274 9555
E. kate.potter@jws.com.au

Important Disclaimer: The material contained in this article is comment of a general nature only and is not and nor is it intended to be advice on any specific professional matter. In that the effectiveness or accuracy of any professional advice depends upon the particular circumstances of each case, neither the firm nor any individual author accepts any responsibility whatsoever for any acts or omissions resulting from reliance upon the content of any articles. Before acting on the basis of any material contained in this publication, we recommend that you consult your professional adviser. Liability limited by a scheme approved under Professional Standards Legislation (Australia-wide except in Tasmania).