Hogan Lovells advises Emeco on the refinancing of its AU$100m revolving credit facility

The Hogan Lovells Australian finance team was led by partner Bryan Paisley with support from senior associate Lisa Mazor, and associates Adam Aarons and Stella Xi.

The facility was refinanced by existing lenders in its bank debt syndicate and has a three year tenor with an option to extend for a further two years at Emeco’s election.

Emeco Chief Executive Ian Testrow commented “We are pleased to have successfully extended our RCF for up to five years, which reflects the strength of our business and prudent capital management.”

Emeco is a longstanding client of Hogan Lovells with corporate partner David Holland having previously advised on the acquisition of Pit n Portal and the associated equity raising.