Tim has particular experience in event-driven leveraged finance, including acquisition finance, bridge and pre-IPO financing, mezzanine lending and intercreditor structures, refinancings, rescue finance, and hybrid investments. Coupled with extensive experience with contentious Asian debt restructuring and enforcement situations, Tim is one of the few finance lawyers in the market able to provide holistic risk mitigation and enforcement analysis and structuring advice specific to the legal framework and practical realities in developing countries in Asia.

Key Experience

Banking & Finance

  • Thailand (Refinancing) - Advising Credit Suisse and Macquarie Bank as joint arrangers of an up to US$250 million leveraged financing provided to the Canadoil group of companies in Thailand
  • Thailand (Project Finance) - Advising an Asian-based investment fund in respect of a special situations financing, comprising structured dual tranche conventional and Islamic facilities, provided to finance a Waste-To-Energy (WTE) greenfield power project in Samut Prakhan, Thailand
  • Indonesia (Capex & Commercial Lending) - Advising PT Media Nusantara Citra Tbk on the refinancing of its US$250 million capex and working capital facility arranged by Deutsche Bank, ING Bank and Standard Chartered Bank
  • Indonesia (Special situations Finance) - Advising an Indonesian listed company in respect of a US$40 million special situations financing provided by SSG Capital
  • PRC (Listed shares-backed Finance) - Advising Deutsche Bank in respect of a proposed US$410 million facility to be backed by Hong Kong listed shares in a leading PRC real estate company
  • India, Australia, Mauritius, Africa, Netherlands, Argentina, Peru & others (Acquisition Finance) - Advising Capital Square Partners for its US$200 million senior and mezzanine acquisition financing facilities in respect of the leveraged buyout of the Aegis group of companies

Debt Restructuring

  • Thailand (Court Rehabilitation) - Advising Tata Steel UK as creditor in relation to the US$1.4 billion default and Thai rehabilitation process of Sahaviriya Steel Industries PCL (SSI), the largest debt restructuring in Thailand since the 1997 Asian financial crisis
  • Thailand (Court Rehabilitation) - Advising the offshore bank lender group in relation to the default and Thai rehabilitation process in respect of the Canadoil group of companies with total debt in excess of US$1 billion
  • Indonesia (Scheme of Arrangement) - Advising Royal Chemie group of companies in respect of the merger and debt restructuring under a Singapore scheme of arrangement of Continental Chemical Corporation (Short-listed for Restructuring Deal of the Year 2013)
  • Australia, Africa & Canada (Court-driven DOCA & Compromise) - Advising Deutsche Bank in respect of the comprehensive restructuring of the ASX-listed Paladin Energy group of companies, including the provision of US$60M structured rescue financing, formal Voluntary Administration and Australian court driven Deed of Company Arrangement (DOCA) process, acquisition of US$277 million secured debt claims, US$115 million new Notes offering and Canadian court driven compromise proceedings