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Emeco Holdings Ltd refinancing - A $969.51 m

  • Entry date - Thursday, 21 August 2008
  • Jurisdiction - Australia
  • Practice - Finance
  • ASX listed earth moving equipment provider Emeco Holdings Limited was advised by Baker & McKenzie on a three-year senior debt package, comprising of a $595 million revolving senior debt facility and $35 million working capital facility.


  • Firm - Baker & McKenzie
  • Client - Emeco Holdings Limited
  • Lead Lawyers -
  • Role -
  • Firm - Freehills
  • Client - BOSI
  • Lead Lawyers -
  • Role -

Deal summary




  • ASX listed earth moving equipment provider Emeco Holdings Limited was advised by Baker & McKenzie on a three-year senior debt package, comprising of a $595 million revolving senior debt facility and $35 million working capital facility.



  • Baker & McKenzie partner Bryan Paisley said, "...despite the difficulties in the credit markets, financing remains available for companies with strong cash flows operating in growth sectors. [The transaction] also demonstrates the benefits of bringing a global legal team to the table to assist a client with a global business."



  • The firm has also worked on a number of other transactions for Emeco Holdings, including acquisitions and the company's Australian IPO, since early 2005.




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