Banking and finance

Our team advise on the full spectrum of financing transactions including leveraged and private credit finance, project and infrastructure finance, corporate financing, debt capital markets, derivatives and securitisation transactions.

We draw on our expertise advising the full range of debt market participants including sponsors, borrowers, bank lenders and private credit funds to assist clients in structuring, negotiating and executing financing transactions. Our team’s core corporate borrower clients include many of New Zealand's blue chip companies - Air New Zealand, Contact Energy, Vector, Mainfreight, Fletcher Building, Fisher & Paykel Appliances, Metlifecare, Ryman Healthcare, SkyCity Entertainment, Tuatahi First Fibre, Synlait, Xero, Industre Property, Tainui Group Holdings and Vital Healthcare Property Trust.

We are also involved in trade associations including the Asia Pacific Loan Market Association, Banking and Financial Services Law Association, Australian Securitisation Forum and Bell Gully is New Zealand counsel to the International Swaps and Derivatives Association.

Chambers Asia Pacific 2025 Banking and finance, 'Band 1'.

The Legal 500 Asia Pacific 2025 Banking and finance, 'Tier 1'.

Clients say "Bell Gully is at the top of the game. They are responsive, deeply understand the clients and fit around them. They are also good negotiators and understand the complexity among stakeholders."

"Bell Gully has an exceptionally strong banking and finance team, who can draw from a breadth of not just New Zealand banking and finance experience and market practice, but also international experience. With this international perspective, Bell Gully are equipped to provide commercially oriented advice."

''Bell Gully are a true deal partner on all of our transactions."

Stonepeak's takeover of Arvida Group

Advised Stonepeak Partners on the debt financing aspects of its takeover of retirement village operator Arvida Group by way of scheme of arrangement for NZ$1.25bn.

Contact Energy acquisition of Manawa

Advised Contact Energy on its NZ$900m bridging facility for the acquisition of listed electricity generator Manawa Energy.

Ryman recap, refi and raise

Advised Ryman Healthcare on the financing aspects of its recapitalisation process.

Synlait

Advised Synlait on its recapitalisation involving a refinancing of its senior bank facilities and concurrent equity raise.

Ampol

Advised on the financing of its NZ$1.96bn acquisition of NZX-listed petroleum retailer Z Energy.

First Gas

Advised First Gas on the financing for its acquisition of Eastland Network.

Fletcher Building

Advised Fletcher Building on the financing aspects of its NZ$700m equity raise, including financial covenant amendments with its bank syndicate and US private placement noteholders.

Air New Zealand financing

Advised on its Crown support following the impacts of Covid-19 including a NZ$1bn secured standby term loan facility and the subsequent establishment of a replacement NZ$250m standby facility provided by a syndicate of Australasian and global banks.