Jesse Fairley

Other representative matters include advising:

Acquisition and corporate finance

• Emergent Cold on its financing to acquire Polarcold from Scales Corporation.
• Inspired Education on the NZ aspects of its TLB financing to acquire ACG Schools from Pacific Equity Partners.
• The banking syndicate on the development financing of an international franchise hotel in Queenstown.
• The banking syndicate to Stride Property, including in relation to various portfolio demergers.
• Bank of China on the structuring and implementation of a development finance product to be marketed to developers on a joint basis with a non-bank lender (as co-lenders).
• Westpac on its financing to a Mercury Capital sponsored borrower to acquire a significant NZ bolt-on business.
• Genesis Energy on all its corporate financing arrangements, including bank and bond.
• Kiwi Property on all its corporate financing arrangements, including bank and bond.
• An NZX 10 corporate on its sale of a portfolio company and related vendor financing.
• The senior lender on its MBO financing of a water bottling plant.
• Credit Suisse as arranger and the related banking syndicates on various multi-jurisdictional acquisition and portfolio facilities to the Rank Group (including Carter Holt Harvey and Reynolds).
• Terra Firma on the £4 billion bank and bond refinancing of its Annington Homes portfolio.
• RBS and Deutsche Bank as arrangers of the £3 billion refinancing of the AA Group, a capital structure consisting of senior secured facilities, investment grade bonds and structurally subordinated high-yield bonds.
• RBS on its acquisition bridge to Venn Partners to acquire a loan portfolio from GE Artesia Bank.

Sustainable finance

• Genesis Energy on the establishment of its sustainable finance framework and $250m of sustainability linked loans with Westpac, BNZ and MUFG which are also aligned with the Climate Transition Finance Handbook.
• Genesis Energy on its inaugural $125 million listed green bond issue.
• Kiwi Property on the establishment of its sustainable finance framework and inaugural $150m listed green bond issue.

Structured finance and securitisation

• ASB Bank on the establishment of its covered bond programme.
• Kiwibank on Kiwi Capital Securities' issue of listed callable preference shares.
• A buy now, pay later lender on the establishment of its NZ warehouse securitisation.
• Deutsche Bank on the wholesale restructuring of its €15 billion asset-backed commercial paper conduit programme.
• Virgin Money on a number of multi-currency Rule 144A / Reg S RMBS, including the first transaction to comply with both the EU and US risk retention rules.
• ZIM Shipping on the establishment of its multi-jurisdictional freight receivables financing programme.

Restructuring

• Deutsche Trustee on the wholesale capital restructuring of the Punch Taverns group, which included 16 classes of creditors across two WBS funding arrangements and a debt-for-equity swap.
• An ad hoc group of credit funds in relation to the restructuring scenarios of a distressed CMBS.
• The statutory supervisor on the distressed trading position of a non-bank deposit taker.

Advisory

• Telecom New Zealand, now Spark New Zealand, on the liability management aspects of its demerger into Spark and Chorus.
• NZ banks on their participation in the Kāinga Ora shared equity housing scheme.