UAE
Jonathan Downey
Legal DirectorAbout
Jonathan is an Australian-qualified legal director in the Middle East Finance team with experience working in Dubai, London and Melbourne.
Jonathan's practice includes advising sponsor and lender clients on a broad range of financings including corporate finance, acquisition finance, brownfield infrastructure finance and project finance. He also has debt restructuring experience.
Jonathan has experience across a range of complex secured, syndicated and bilateral financings and is focused on delivering strong commercial outcomes for his clients with an accessible and practical approach.
Areas of FocusFinance
Professional QualificationsSolicitor of the Supreme Court of Victoria, 2014
EXPERIENCE
- Advising the joint trustees of the Emirates Hospitals Group in connection with new money facilities and the restructuring implementation plan forming part of the court-controlled restructuring of EHG (part of the first large scale restructuring plan to be sanctioned under the onshore UAE Bankruptcy law).
- Advising a syndicate of lenders in relation to the Haradh and Wadayhi residential compounds and industrial facilities project in Saudi Arabia.
- Advising a syndicate of lenders in connection with the EUR640m refinancing and reorganisation of First Sentier Investors’ Evos Group’s senior debt facilities into a new multi-creditor common terms platform with bank facilities, guarantee facilities and EU private placement notes issuances.*
- Advising a syndicate of lenders in connection with the refinancing of LBC Tank Terminals’ senior debt facilities into a new multi-creditor common terms platform with bank and private notes issuances.*
- Advising Bristol Airport and sponsors in relation to bank and PP financings.
- Advising VTTI B.V. on the establishment of a midco common terms debt platform and raising of both midco and opco bank and PP financing.*
- Advising Beacon Rail Leasing on the EUR1.45 billion equivalent refinancing of its senior debt facilities into a new multi-creditor common terms platform with bank and PP debt.*
- Advising the lenders in connection with financing First Sentier Investors’ European Diversified Infrastructure Fund II's acquisition of Caldic's Rotterdam-based storage and production facilities, Caldic Chemie B.V.*
- Advising a syndicate of lenders in connection with financing First Sentier Investors’ European Diversified Infrastructure Fund II's acquisition of certain storage terminals from Vopak based in Amsterdam, Hamburg and Algeciras.*
- Advising Macquarie European Infrastructure Fund 6 in relation to the acquisition of Farnborough Airport, UK.*
- Advising Ajman Bank as initial MLA and bookrunner in connection with a USD100m murabaha-based facility to a Bangladeshi finance institution.
- Advising a bidder on the acquisition of a non-performing loan portfolio containing UAE, Bahrain and Qatar borrower groups from First Abu Dhabi Bank valued at USD800m.
- Advising Bank of Sharjah on a number of financing matters including the provision of real estate development facilities and general corporate purpose credit lines.
- Advising ASX 200-listed JB Hi-Fi Group on its syndicated corporate and acquisition facilities for the acquisition of electronics and appliances retailer, The Good Guys.*
- Advising Commonwealth Bank of Australia in relation to an acquisition finance facility for the purchasers of water trader, Aware Water, including water access rights across three Australian states (Victoria, New South Wales and South Australia).*
Education
- Monash University, Australia, Bachelor of Laws, 2013
