Paul Gatward is a Partner in our Sydney Banking and Financial Services group. His expertise covers general corporate, acquisition, construction and property-related finance. He acts for financiers, borrowers and sponsors on a broad range of matters. Paul has advised a number of top ASX listed companies on the restructuring of their debt portfolios, achieving improved terms and tenors. He has also advised on complex financial products and securities structuring.
Paul’s broad skill set, pragmatic approach, and intimate understanding of all parties’ objectives ensures he gets the deal done efficiently, on time and on budget.
Paul has been ranked by Chambers Asia-Pacific as a leading individual for Banking and Finance Corporate Finance and recognised by Asia-Pacific Legal 500 as a leading lawyer in Banking and Financial Services.
Expertise
Experience
- a top 50 ASX listed logistics and freight corporateActed in the restructure of its AUD$5.4 billion corporate facilities, including covenant revision and restructuring and release of security with a successful 144A USD$2 billion bond issue.
- developerActed for the developer of the new AUD$1.1 billion Ribbon / W Hotel Development at Darling Harbour on all aspects of the financing, including complex tripartite arrangements with the landlord, Place Management NSW and other stakeholders.
- a property fund managerActed for a property fund manager that manages various listed and unlisted funds operating in the retail, industrial, office and specialised assets sectors. In the last 18 months, in excess of AUD$800 million has been raised by way of bilateral and syndicated facilities for the various funds under management.
- a listed infrastructure fundActed in connection with a revolving AUD$540 million acquisition funding facility provided by a group of 8 banks.
- a major Australian bankActed as the lead arranger in connection with a AUD$650 million multi option corporate facility in connection with an overseas fund’s acquisition of a listed Australian property development group.
- a listed institutional developerActed on a AUD$600 million structured receivables funding arrangement to fund the acquisition of a gree fields residential development site in NSW.
- a major Australian bankActed in connection with a AUD$220 million cash advance funding facility provided to an unlisted property trust operated under the Lend Lease banner and set up to acquire regional shopping centres.
- a major Australian BankActed on a AUD$200 million development facility for the greenfields development of Emerald Hills at Leppington in the South-West growth corridor of Sydney