1-10 of 906 results
Reforms to strengthen and streamline the FIRB regime
On 1 May 2024, the Australian Treasurer announced reforms to the Foreign Investment Review Board (FIRB) framework, to make it stronger, more streamlined and more transparent. On the same day, the Government released an updated Foreign Investment Policy document, setting out the reforms. ...
Allens advises GIP on establishment of $4 billion Fund
GIPA II is a $4 billion fund targeting investment opportunities in Australia and New Zealand in five industry sectors: energy (including power, renewables, transmission and distribution), ...
Allens advises on $450m refinancing for Bain Capital's portfolio company Velocity Frequent Flyer
The refinancing sees Velocity Frequent Flyer receive investment from a large syndicate of investment banks, commercial banks and private credit funds from across the Asia-Pacific region. 'We ...
Allens advises lenders on $1.6 billion Kinetic debt optimisation
'We are seeing more borrowers in infrastructure like businesses interested in accessing core-plus infrastructure financing packages to take advantage of improved pricing outcomes and access to a ...
Federal Court and ASIC shine spotlight on supervisory and risk management requirements for CAR arrangements
In its recent decision in Australian Securities and Investments Commission v Lanterne Fund Services Pty Limited [2024] FCA 353, the Federal Court highlighted the risk of breach of the general obligations of Australian financial services (AFS) licensees under the Corporations Act 2001 (Cth) (the Act) ...
Allens advises Pacific Energy on $350 million upsize of its debt facilities
The deal brings Pacific Energy's total debt facilities to $1.2 billion and allows it to continue to fund its strong pipeline of renewable power projects. 'Pacific Energy is playing a significant ro ...
It's finally here – BNPL to be incorporated into the existing consumer credit regulatory framework
In this Insight, we explain key elements of the Treasury Laws Amendment Bill 2024: Buy now, pay later (the Draft Bill) and canvass some of the issues that BNPL providers will need to consider. ...
Bidding into the Capacity Investment Scheme? Plug into our deep dive into the clean dispatchable 'CISA'
The first standalone Capacity Investment Scheme (CIS) tender round, open to clean dispatchable capacity projects in Victoria and South Australia, is now well underway. Developers, investors and lenders must stay across these rapid developments to ensure they can accurately assess the CIS opportunity ...
Allens advises lenders on Templers Battery Energy Storage System financing
Natixis acted as sole mandated lead arranger, underwriter and bookrunner, and Bank of China was agent and security trustee. Azure Capital were financial adviser. The project is the first ...
Tax benefits and desire: lessons from the Minerva Part IVA decision
The decision represents a significant win for taxpayers and provides guidance on the operation of Australia's anti-avoidance rules contained in Part IVA. ...