Zac Kedgley-Foot

Advised Synlait on the debt financing aspects of its recapitalisation in 2024, including the refinancing of Synlait’s senior secured debt facilities, the raising of a second-lien loan facility from one of Synlait’s shareholders and repayment of Synlait’s subordinated bonds.

Advised Contact Energy on the financing for its proposed acquisition of listed electricity generator Manawa Energy by way of Scheme of Arrangement.

Advised Clarus and Igneo Infrastructure Partners on the financing of the NZ$260m acquisition by Clarus of Eastland Network, the electricity lines company for Tairāwhiti and Wairoa and advising Clarus on a number of other financing and refinancing transactions.

Advised Crown Infrastructure Partners on the second landmark transaction under the IFF Act providing funding to the Wellington City Council for the construction of a sludge minimisation facility at Moa Point.

Advised Wellington Electricity (owned by CKI) on the refinancing of its corporate facilities and its USPP issuance.

Acted as New Zealand counsel to the International Bank of Reconstruction and Development (part of the World Bank), on various NZ$ Kauri bond issuances into the New Zealand market, including a NZ$950m issuance of a 'Sustainable Development Bond'. The proceeds will be used to support sustainable development projects and programs in World Bank member countries.

Acted for ADB on their Kauri programme and numerous issuances under it, including on New Zealand’s first ‘gender bond’ under its NZ$5bn Domestic MTN Programme. The proceeds for this 10 year, NZ$375m Kauri issuance will be used to finance a pool of eligible projects that promote gender equality and women’s empowerment.

Advised Metlifecare on its 'sustainability-linked' interest rate swaps with Bank of New Zealand and ANZ. The swap with Bank of New Zealand was the first sustainability-linked derivative entered into in the New Zealand market.