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BigLaw firm Clayton Utz has advised out-of-school care provider and educator Camp Australia on its successful debt and equity restructure.
Firm: Clayton Utz (Camp Australia)
Area: Restructuring and insolvency
Value: N/A
Key players: The Clayton Utz team was led by restructuring and insolvency national practice leader Timothy Sackar, who was supported by partners Graeme Tucker and corporate national practice group leader Rory Moriarty, special counsel Jillian Robertson and Ashleigh Tang, and senior associates Sam Pullin and Timon Ibrahim.
Deal significance: “The successful implementation of this restructure enables Camp Australia and its some 3,700 employees to move ahead with a deleverage balance sheet and an aligned shareholder-lending syndicate,” the firm said in a statement.
“Congratulations to Camp Australia and everyone involved in this complex and challenging transaction.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
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