King & Wood Mallesons (KWM) is pleased to have represented Highland Park XII, an affiliate of Oaktree Capital Management in providing a US$150 million amendment and refinancing of an asset-based lending (ABL) facility for Coronado Group.
The cross-practice KWM team was led by Singapore Partner Gary Hamp, with support from Australian partners Andrew Maynes, Paul Schroder, Judith Taylor and Tim Klineberg and Hong Kong counsel Rick Wei.
Reflecting on the deal, Partner Gary Hamp said:
“We were delighted to advise Oaktree Capital Management on this high-profile financing. We brought together a team of lawyers from across KWM’s regional network, leveraging our strong cross-border capabilities and specialist sector expertise. This transaction also reflects our experience in asset-based lending financings, which are becoming an increasingly important part of the private credit market in Asia Pacific.”
