Gilbert + Tobin has advised Deutsche Bank AG (London and Sydney Branches) on the debt financing of Resolution Life Group’s (“Resolution”) A$3 billion acquisition of AMP Life. Resolution is a global manager of in-force life insurance businesses, and AMP Life is the largest mature and wealth protection business in Australia and New Zealand. 

The Gilbert + Tobin team was led by Banking + Infrastructure partner John Schembri, with support from lawyers Erin Cartledge and Will McCann and consultant Tiffany Sorge, and specialist regulatory support from partner Andrew Floro, and lawyers Daniel MacPherson and Ahmed Rizk. Corporate Advisory partner Alastair Corrigall, together with lawyer Michael Tong, provided support on corporate aspects of the transaction.

Gilbert + Tobin worked as an integrated team with Slaughter and May, Mayne Wetherell, and Appleby, who advised on matters of UK, New Zealand and Bermudan law respectively.

Gilbert + Tobin’s Banking + Infrastructure team is recognised in the leading legal directories, including most recently being ranked at Band 1 for Banking and Finance – Acquisition Finance by Chambers Asia-Pacific 2020 and Tier 1 for Restructuring + Insolvency by Legal 500. In the IFLR1000 Specialists Guide 2019, G+T are recognised for work in Unitranche financings, the only Australian firm to be recognised. G+T has significant experience advising leading Australian and international financial institutions, investment banks, corporations and private equity funds. We act for lenders, borrowers, sponsors and consortia on a range of issues from high-value corporate transactions to complex restructuring projects.