Debt and Capital Advisory

Our Debt and Capital Advisory team is a highly-specialised group providing independent market-leading advice and expertise across the full range of debt products. We provide bespoke debt solutions for borrowers, whether it’s raising finance to support a growth strategy, refinancing existing debt, realising value for shareholders through a recapitalisation or advising and raising capital in situations involving financial constraints.

Our debt advisory specialists cover all aspects of debt and capital markets, helping borrowers and shareholders achieve their financing objectives.

Whatever your debt and capital needs, we have the expertise to help you deliver a successful outcome. This includes if you are looking to refinance, fund growth, evaluate capital structure or realise equity value.

We have strong relationships with financiers both in New Zealand and through our international network, allowing us to access liquidity across a diverse pool of lenders which is tailored towards our clients’ financing needs.

We have a well-refined and proven approach to marketing debt transactions that optimises competitive tension and gives our clients confidence they are getting the best deal. 

Our independence means that we provide our clients with truly objective advice on addressing their financing requirements.

We work with both investment grade and sub investment grade clients across a range of sectors. This includes mid-sized corporate businesses right through to large institutional companies. 

Our experience covers:

  • Resources, energy and infrastructure

  • Food, beverage and agribusiness

  • Transportation and logistics

  • Property

  • Māori business

  • Government-related business

  • Telecommunications, media, entertainment and technology

  • Financial institutions

  • Consumer and retail.

We maintain close relationships with a large number of domestic and offshore banks, private credit funds and other non-bank lenders. This ensures we closely understand current market dynamics and can approach the right people at the right institutions when working with our clients.

Our services

Debt structuring and debt arrangement

We have broad transaction experience covering bank, debt capital markets, structured financing, hybrids and project financing across both senior and subordinated debt. This enables us to identify the most suitable capital and debt structure, including arranging a funding solution that best fits our clients’ needs. Our debt structuring and arrangement services include: 

  • Establishing new debt facilities 

  • Diversifying funding sources 

  • Refinancing debt facilities

  • Mergers and acquisitions.

Capital structuring and advisory

We structure and implement capital management strategies and financing roadmaps to complement our clients’ strategic and business objectives, enhancing shareholder returns and optimising their borrowing platform. We provide independent advice on:

  • Capital structure

  • Capital management strategies

  • Dividend policy

  • Bank facilities

  • Debt capital markets

  • Pricing

  • Security structure

  • Covenants

  • Strategy. 

Debt Capital Markets

We draw on our diverse capabilities and extensive global network to support and work with our clients and their advisors when they seek to access the debt capital markets. Our services include: 

  • Global and domestic debt market analysis / insights

  • Lead arranger and lead manager RFP selection processes

  • Independent advisory throughout the issuance process

  • Assistance with transaction marketing and legal documentation

  • Due diligence committee participation

  • US Private Placement debt market agent capability.

ESG Financing

We help our clients to access ESG funding sources, including:

  • Raising finance to fund or refinance green projects, including advising on project eligibility criteria

  • Raising sustainability-linked loans for growth funding or refinancing of existing debt

  • Advising on the identification and negotiation of sustainability-linked loan ESG criteria, key performance indicators and targets.

Shadow credit rating and formal rating advisory

We undertake shadow credit ratings and advise clients when obtaining a credit rating or opinion, our services include:

  • Shadow credit rating assessments through application of ratings agency methodology

  • Identification of credit levers

  • Assistance with credit rating applications and information memorandum

  • Assistance with preparation for ratings agencies presentations.

Contact us

Alex Wondergem

Partner, Auckland, PwC New Zealand

+64 21 041 2127

Email

Tom Lawson

Executive Director, Canterbury, PwC New Zealand

+64 27 421 0733

Email

John Vetter

Executive Director, Auckland, PwC New Zealand

+64 27 232 7382

Email

Rob Ford

Director, Auckland, PwC New Zealand

+64 21 836 196

Email

Feng Hu

Director, Wellington, PwC New Zealand

+64 27 395 0500

Email

Janet Chang

Director, Auckland, PwC New Zealand

+64 21 840 533

Email

Samuel White

Associate Director, Auckland, PwC New Zealand

+64 21 023 69953

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Cameron Scott

Manager, Wellington, PwC New Zealand

+64 21 831 796

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Ben Keen

Manager, Auckland, PwC New Zealand

+64 21 103 3729

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Katie Corkill

Senior Analyst, Auckland, PwC New Zealand

+64 21 245 2843

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