Focus Areas:
Banking and Finance Law, Mining and Resources Financing, Project Finance, Offtake Agreements, Corporate Finance, Cross-border Financing, Asset Finance, Acquisition Financing, Restructuring Debt
Trish Chapman is a director of Wright Legal, having joined the firm in 2002 and been in practice since 1996. Trish advises on a range of financing transactions, with extensive experience in project financing transactions for projects located in Western Australia and internationally. Trish also has experience in international offtake arrangements, royalty transactions, derivative transactions, corporate debt facilities, convertible loans, equipment financing and share and business acquisitions.
Prior to Wright Legal, Trish worked in the structured finance department of the Paris office of global law firm Freshfields Bruckhaus Deringer for 18 months. Trish was previously at Freehills, Perth for five years where she worked on a number of mining project financings.
Trish is recognised as a Leading banking and finance lawyer in Doyle’s Guide (2021).
Trish was selected as the “Lawyer of the Year, 2021” in Project Finance and Development Practice in Perth (based on feedback from peers and participants in the industry) in the Best Lawyers in Australia (13th Ed). Only a single lawyer from each practice area and community is provided this award. Trish has also been included in 2022 Best Lawyers in Australia (14th Ed) for her work in Banking and Finance Law, Debt Capital Markets Law and Project Finance and Development Practice.
Trish and the Wright legal team were awarded the National 2020 Australasian Law Awards for ‘Debt Deal of the Year” for the Saracen debt facility for the ‘Super Pit’ acquisition.
Project financing is traditionally regarded as the financing of an asset where the lenders are repaid from the revenue generated by the asset and, once the assets are revenue positive, the lenders rely on the asset as their sole collateral for the loan.
Lenders will often require completion guarantees from the parent until construction of the project is complete and is cashflow positive. When the completion guarantee falls away, the lenders’ recourse should be limited to the project itself – that is, they cannot gain access to the other revenues or assets of the parent company.
Ring-Fencing Project Assets - full article >
