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Study Loans advised on debt facility worth $50m
National law firm Gadens has advised Study Loans on its new debt facility and capital raise.
Emma Musgrave
Firm: Gadens (Study Loans).
Value: $56 million total.
Area: Banking and finance, corporate.
Key players: The legal team advising Study Loans was led by Gadens partner Elliot Raleigh, who led the team on the debt financing aspects of the transaction, with support from lawyer Clive Robért.
Gadens partner Jol Rogers led on the equity raise with support from special counsel Melissa Phillips and senior associate Steve Wambeek.
Deal significance: Study Loans, which is backed by the Simonds Family Office, provides unique, tailored funding solutions to education providers, enabling them to grow enrolments and address challenges in the sector, according to a statement from Gadens, which noted the loan facility “will allow Study Loans to support more education providers and their students and continue to grow their portfolio”.
Commenting further, partner Mr Raleigh said: “We are pleased to have advised Study Loans on the debt facility and capital raise. This provides an excellent opportunity for Study Loans to continue to grow and to support education providers and their students on their path to further education.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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