Gilbert + Tobin has acted for Viva Energy Group Limited and its subsidiaries as part of the US$700 million refinance of its corporate debt facilities.
Viva Energy is a leading energy company with more than 120 years of operations in Australia. Viva Energy is the exclusive supplier of Shell fuels and lubricants in Australia and supplied approximately one quarter of Australia’s liquid fuel requirements in 2020.
The refinancing of Viva Energy’s syndicated revolving credit facility will provide the foundation for the business’ operational goals and future growth plans.
G+T’s expertise and experience coordinating large syndicated debt financing was key in securing the best terms for Viva Energy and facilitating a successful refinance.
The G+T team was led by Banking + Infrastructure partner Spiro Papadolias who said: “We are pleased to have advised our longstanding client Viva Energy on this refinancing, which will help the business secure its strategic objectives going forward”.
Spiro was supported by lawyers Corrie Eames and Lee Lancaster.
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 and Banking and Finance – Corporate Finance by Chambers Asia-Pacific 2021 and Tier 1 for Banking & Finance, Project Finance and Restructuring & Insolvency by Legal 500. 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.