Structured Finance

We have acted on many significant and complex structured finance transactions for banks and other financiers, manufacturers and corporate groups. These include tax and stamp duty effective structures including debenture structures, special purpose vehicles, shareholder arrangements, leveraged leasing, cross border leasing, convertible note and equity financing, construction and takeover financing. Industries in which Deacons has been involved in structured finance include telecommunications, transport, utilities and construction.

We are specialists in:

• corporate financing, including takeover financing
• leverage management buy-outs
• infrastructure financing
• financing resource projects - gold, coal, oil and gas, precious metals
• utilities financing - electricity, gas, water, telecommunications and broadcasting 
• limited recourse financing
• syndicated loans
• privatisation financing
• letter of credit facilities
• acceptance and discount facilities
• foreign exchange financing
• joint venture financing

• Legal update: New Guidance Note issued by the Takeovers Panel on equity derivatives

  On 11 April 2008, the Takeovers Panel (Panel) released Guidance Note 20 - Equity Derivatives (Guidance Note) outlining when, and in what circumstances, the use of equity derivatives may constitute unacceptable circumstances and require disclosure to the market.

  17 Apr 08 Shane Bilardi, Robert Sultan , Natalie Trezise

• Legal update: ACCC releases new draft merger guidelines

  The ACCC recently published its 2008 Draft Merger Guidelines for consultation. These guidelines are intended to provide an explanation of the framework the ACCC will apply when considering whether a merger or a proposed merger could substantially lessen competition in a market. Guidelines such as these issued by the ACCC from time to time, provide a useful overview of polices and procedures applied by the ACCC when reviewing proposed mergers.

  4 Mar 08 Jyoti Singh and Chris Mitchell

• Legal update: Proposed reform of public trading trust rules

  The Board of Taxation is examining options for a managed investments tax regime in Australia, including the potential for a specific tax regime for REITs (Real Estate Investment Trusts).

  28 Feb 08 Fadi Khoury, Peter Norman

• Legal update: Stamp Duty on mortgages to be abolished

  Amongst other stamp duty changes announced on 21 March 2006, the Western Australian State Government plans to abolish stamp duty on mortgages.

  27 Mar 06