Andrew Harkness
Andrew is a partner in the banking and finance department. He heads the firm's transactional banking and finance group in Auckland, and heads the debt capital markets group.
Andrew's expertise covers the full range of transactional banking, with a particular focus and expertise in acquisition/leveraged finance, corporate finance, asset finance, distressed debt acquisition and debt restructurings, and other complex financing transactions.
He has significant expertise in debt capital markets, where he has acted on a number of retail and wholesale issuances and USPP and EMTN programmes. Andrew also has considerable specialist knowledge on acquisition/leveraged financings, where he has acted for both lenders and private equity sponsors on financing arrangements.
- Asia Pacific Legal 500 Banking & Finance 2018 - Leading Lawyer
- Chambers Asia-Pacific Banking & Finance 2018 - Leading Lawyer
- Asialaw Leading Lawyers Guide Banking & Finance 2018 - Market-leading Lawyer
- Asialaw Leading Lawyers Guide Banking & Finance/Capital Markets 2016 - Leading Lawyer
Examples of Work
- Adamantem Capital - acquisition of leading smallgoods manufacturer Hellers
- Arena Investors LP - funder and equity participant on the roll-up by Optic Security Group of six Australasian companies to create an integrated security products and services provider with revenues exceeding $100 million
- Accident Compensation Corporation - advising on its $231 million acquisition of a 22% stake in the Kiwibank group of companies
- Arena Investors LP - funder and equity participant on the roll-up by Optic Security Group of six Australasian companies to create an integrated security products and services provider with revenues exceeding $100 million
- Adamantem Capital - its acquisition of leading smallgoods manufacturer Hellers
- Arena Investors LP - funder and equity participant on the roll-up by Optic Security Group of six Australasian companies to create an integrated security products and services provider with revenues exceeding $100 million
- Adamantem Capital - its acquisition of leading smallgoods manufacturer Hellers
- Archer Capital - establishment of the syndicated facilities agreement to acquire the new industry leading education business called Aspire2, formed through the acquisition of five New Zealand based private education businesses
- Accident Compensation Corporation - acquisition of a 22% stake in the Kiwibank group of companies
- Westpac - partial demerger of the institutional banking business of the New Zealand branch of Westpac Banking Corporation, involving the transfer of approximately $6.2 billion customer loans and $5.8 billion customer deposits to Westpac New Zealand
- Auckland Council - $1 billion syndicated standby facility (the first syndicated facility for a local authority in New Zealand), $500 million secured commercial paper programme, $500 million medium-term note programme, and $4 billion retail bond progamme
- Auckland City Council - $150 million listed bond issue (the first listing of the securities of a local authority in New Zealand) and $350 million listed bond issue
- Coca-Cola Amatil (NZ) - United States private debt placement, wholesale issue of medium-term notes (MTNs), and accession by New Zealand issuer to the Australian group's US$2 billion wholesale euro-MTN programme
- Hoyts Corporation - syndicated refinancing of the group's debt out of the Term Loan B market in the United States
- Spotless Group - private placement in the United States of US$160 million notes
- GE Capital New Zealand - $2 billion commercial paper programme
- Fisher & Paykel Finance - $400 million receivables-backed master trust securitisation programme
- New Zealand Comfort Group (then Sleepyhead Manufacturing) - syndicated facility to acquire the Dunlop Foams and Sleepmaker business in Australia and to refinance existing facilities
- Advising the group of mezzanine lenders on the Griffins financing
- Numerous private equity financings
- TPG Capital - acquisition of MediaWorks' senior debt position, and restructuring of MediaWorks' debt
- Britomart above-ground and interchange projects, and public private partnership for the Vector Arena (now Spark Arena), an $80 million 12,000 seat stadium delivered on a PPP/BOOT basis)
Other Credentials
- Australasian Institute of Banking and Finance - Member
- Aviation Law Association of Australia and New Zealand - Member
- Banking and Financial Services Law Association - Member