Hamish McCormack
Special Counsel (Admitted in Australia & New York)
Norton Rose Fulbright Australia
Biography
Hamish McCormack is a lawyer based in Melbourne, specialising in complex financing transactions. Hamish has a particular focus on leveraged finance and structured asset financings, including shipping and aircraft finance, along with extensive experience working on capital raisings, liability management exercises, recapitalisations, restructurings and other special situation transactions. He has acted on a diverse range of deals involving mainstream and exotic assets, including as lead counsel on three 'Deals of the Year' and on several high profile liability management transactions with respect to public companies and their asset holdings.
Hamish has significant experience acting for leading clients on both the borrower and lender side on the most complex deals in the North American, European, and Asia-Pacific lending markets. Among other clients, Hamish has acted for every bulge bracket institutional bank, top tier private equity sponsors including Apollo, Bain, Blackstone, BlackRock, KKR and The Carlyle Group, and for many specialist private credit funds operating in the acquisition and asset financing space. Prior to joining Norton Rose, Hamish spent 6 years practicing in the United States, where he was most recently a partner in an elite New York firm’s debt finance practice.
Professional experience
Collapse all- A global shipping corporation with respect to a $5 billion restructuring of their existing capital structure and asset financing arrangements
- A major aircraft manufacturer with respect to a review and reconciliation of their existing manufacturing finance arrangements.
- A top-tier private equity sponsor with respect to the $8.4 billion acquisition of one of America's largest freight rail networks, including the specialist asset financing of $4 billion of rolling stock.
- A top-tier private equity sponsor in connection with the takeover of one of the world's largest satellite defence system manufacturers, including the specialist asset financing of satellite equipment.
- One of the world’s largest mining companies in connection with the proposed acquisition of their major competitor.
- A top-tier private equity sponsor in connection with the $20 billion acquisition of an industrial manufacturer.
- A top-tier private equity sponsor in connection with a multi-billion pound reconciliation of their global portfolio facility program.
- A top-tier private equity firm in connection with a $7.6 billion loan financing package consisting of a $500 million ABL facility, a $750 million secured cash flow revolving facility and a $6.35 billion secured term facility (comprising a $4.2 billion U.S. dollar tranche and a €1.95 billion Euro tranche) in connection with the acquisition of a major manufacturing business, including complex asset-backed securitisations.