Camp Australia undergoes restructure
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
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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