Lauren Cloete

AREAS OF EXPERTISE

Leveraged & Acquisition Finance; Asset Finance; Venture Debt & General Corporate Lending

QUALIFICATIONS

• Bachelor of Commerce – Rhodes University
• Bachelor of Laws – Rhodes University
• Admitted to practice in New South Wales

SELECTED REPRESENTATIONS

• Acted for Moelis Australia on the senior secured financing (comprising a cash advance term facility and a revolving facility) raised to fund the acquisition of the real estate freehold and operating business of the Beach Hotel, Byron Bay in February 2020.
• Acted for Agrifunder and Tozer and Co in relation to the senior secured facility provided by Nomura to provide working capital relief to farmers in their purchase of livestock in Queensland, New South Wales, Victoria and South Australia, in December 2019.
• Acted for Quadrant Private Equity in relation to the senior and mezzanine facilities used to fund the acquisition of Bowling and Entertainment Division of Ardent Leisure in 2018 and subsequently acted for Quadrant Private Equity/The Entertainment and Education Group in refinancing this acquisition debt in 2019 with Australian Unitranche Facilities (with a super-senior revolving component) ensuring further flexibility for the growth of the business.
• Acted for Quadrant Private Equity and Fitness and Lifestyle Group in relation to the Senior and Mezzanine Australian Unitranche Facilities (with a super-senior revolving component) raised to fund a dividend recapitalisation and refinance the original acquisition financing.