KCL Law were delighted to recently advise Merricks Capital — an Australian-based investment manager — on a convertible debt to equity facility for a prominent excavation and earth-moving business based in New South Wales.
The transaction had a number complexities, including the negotiation of a unique debt to equity conversion mechanism and the simultaneous refinancing of various assets subject to existing financing arrangements (including a portfolio of heavy vehicles and earth-moving equipment) at financial close.
For more information
For more information, or to arrange an interview, please contact Stuart Giles, Business Development & Marketing Manager, sgiles@kcllaw.com.au or (03) 8600 8822.