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Spirit Super advised on 2 syndicated loan divestments
National firm Hall & Wilcox has advised Spirit Super on the divestment of its interest in two European infrastructure entities.
Jess Feyder
Firm: Hall & Wilcox (Spirit Super)
Value: $45-55 million per divestment
Area: Corporate
Key players: The Hall & Wilcox team was led by partners Mark Inston and Adrian Verdnik and lawyer Charlie Renney.
Deal significance: The cross-border transaction involved entities in the UK, France, and Australia and had to be completed under a tight deadline.
Hall & Wilcox reviewed the loan documentation, prepared the transfer documentation ready for execution and settlement, and worked closely with the client and their asset consultant to ensure the fund’s interests were adequately protected.
Mr Inston commented: “This deal demonstrated Hall & Wilcox’s ability to work on fast-moving, cross-border transactions.
“We really valued the opportunity to work with Spirit Super and their asset consultant to get everything settled within a tight timeframe.”
