MinterEllisonRuddWatts is pleased to announce its involvement advising Intergroup on its successful debt refinancing of with Aotea Asset Management (as exclusive lead arranger and underwriter) and ASB (each as Lenders).  

The leading law firm’s team provided strategic legal support to Intergroup to ensure a smooth and efficient transaction, reinforcing our expertise in complex financing matters.

Intergroup is a leading provider of critical infrastructure, industrial, waste, and coating services to a range of corporate and government customers, with a national footprint across New Zealand. The debt refinancing is an important strategic initiative to optimise Intergroup’s capital structure and position the group for future growth.

Banking Partner Steve Gallaugher and Solicitor Aminder Patwalia advised Intergroup, whilst Partner Paul Farrugia and Senior Solicitor Seamus Barnett of Buddle Findlay advised the lenders. Tim Zonneveld of BDO acted as Intergroup’s financial advisor.

Intergroup’s CEO Byron Hill complimented the deal teams, saying: “It’s great to work with advisors who work collaboratively and commercially to deliver an excellent outcome for Intergroup.”

Aotea Asset Management’s Will Carnachan also commented: “We’re thrilled to be working alongside ASB to support Intergroup, a key player in the New Zealand industrial services sector, with a funding package that will help the company achieve its growth objectives. This refinancing is a testament to Intergroup’s strong operational foundation and leading market position in the maintenance of essential infrastructure.”