T +44 20 7532 1753
Joanna Walker is an associate in the Energy, Infrastructure, Project and Asset Finance Group in the London office. Joanna's practice focusses on international project finance in the oil and gas, petrochemical, mining and infrastructure sectors.
She has experience in advising lenders and borrowers, including banks and export credit agencies, on complex financings in the EMEA region and globally. In addition, Joanna has previous experience in representing various financial institutions in complex international restructurings.
Representing the Brazilian coal miner, Vale S.A. in connection with the development and financing of the Nacala Project. The project includes the construction and financing of a new railway line to connect the Moatize mine in Tete to the existing railway line in Malawi, the rehabilitation of the existing line in the Malawi rail network, and in Mozambique between Nkaya and Monapo, the construction of a new branch line, connecting the existing railway line and the port, and the construction of a new coal port terminal in Nacala-à-Velha.
Eleven month secondment to the infrastructure fund IFM Investors where I supported and advised the equity, debt and asset management teams, including working on the binding bid to buy a 14% stake in the Belgium gas and electricity distribution company Eandis Assets.
Advised IFC and other financial institutions on the project financing of a series of solar power projects in Jordan, which compromised the majority of the Round 1 solar power programme in Jordan.
Represented Eastern Europe's largest private coal miner, New World Resources in its comprehensive, cross-border balance sheet restructuring, allowing NWR to focus on its operational turnaround and survive the prolonged downturn in the global coking and thermal coal markets. I worked on various parts of the transaction which included restructuring the existing debt, a UK scheme of arrangement, rights issue and placing on the London, Warsaw and Prague Stock Exchanges.
Advised the Steering Committee of the Greek Private Creditor/Investor Committee in respect of the restructuring of €206 billion of Greek government debt – the largest sovereign debt restructuring in history.
Acted for Kaupthing hf, the failed Icelandic bank, in relation to its restructuring following its US$45 billion insolvency.
Represented the underwriters, arrangers and initial lenders (Deutsche Bank, Société Générale and Sberbank) for Uranium One's inaugural US$300 million high yield bond and related US$120 million revolving credit facility, both secured on a pari passu basis.
Advised the Republic of Latvia on its first US$1 billion bond offering.