King & Wood Mallesons (KWM) is pleased to have acted for Lochard Energy to raise approximately A$1.3bn of new debt.
The funds are being used to refinance A$1.06 billion of existing debt and associated transaction costs, as well as fund Lochard Energy’s future corporate and capital expenditure requirements.
The KWM team advising Lochard Energy was led by Partner, Claire Rogers and supported by Senior Associate, Amy Maguire and Solicitors, Amaryllis Tian and Lily Rayment.
Commenting on the refinancing, Claire Rogers said, “It’s been fantastic to continue our relationship with Lochard Energy advising them on their latest refinancing. The market response to the refinancing reflects very positively on the strength of Lochard Energy’s business and the opportunities for growth.”
Financial close was reached on 16 September 2021.