Real estate deal banking on Clayton Utz’s advice
Clayton Utz has advised on a $1.9 billion real estate refinancing deal.
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Firms: Clayton Utz (consortium of seven domestic and international banks), Allens (Investa)
Area: Banking and finance
Value: $1.9 billion
Key players: Clayton Utz banking partner Kathy Santikos (pictured) led a team which included senior associates Mrigank Roy and Matthew Wilson. Nicky Andrews from Allens advised Investa.
Deal significance: Australia's big four banks contributed $1.6 billion in funding, with an additional $300 million committed by Bank of China, BOS International and Credit Agricole. "It is pleasing to see a refinancing of this size attract strong participation from a diversity of lenders in a market increasingly focused on risk,” said Santikos.