Rebecca Campbell | White & Case LLP International Law Firm, Global Law Practice
Rebecca Campbell
Rebecca Campbell

Rebecca Campbell

Partner, London

T +44 20 7532 2315

T +44 20 7532 1000

E rebecca.campbell@whitecase.com

in LinkedIn profile

“Hugely experienced”, a “great negotiator who is direct, confident and ambitious for her clients”. (Chambers UK 2016)

Overview

Rebecca concentrates on the mining and metals sector and brings an industry-focused approach to each transaction. Her breadth of experience, gained as in-house counsel at BHP Billiton and in private practice at top law firms in Australia, New York and London, has forged her significant understanding of the sector.

Rebecca brings her knowledge and experience to a broad range of transactions across the mining & metals sector, regularly taking the lead on project development, mining financing and M&A/corporate transactions, as well as distressed situations.

Rebecca has advised clients in geographies as diverse as Africa, Russia CIS, Latin America, Canada and the USA, across a broad range of commodities including coal, uranium, copper, iron ore, potash, bauxite, aluminium, manganese and diamonds.

Bars and Courts

  • England and Wales
  • Attorney, New York, USA
  • Solicitor, Victoria, Australia

Education

  • LLB (Hons), University of Melbourne
  • BSc (Hons), University of Melbourne

Languages

  • English

Experience

Representation of the Compagnie des Bauxites de Guinee (CBG) lenders (Natixis, BNPP, SocGen, Credit Agricole, ING, IFC and OPIC) on the approximately US$700 million expansion financing of the CBG bauxite project in the Republic of Guinea, one of the largest Africa mining financings in 2016. The transaction involves a large UFK-covered tranche. This deal won "2016 African Mining Deal of the Year" by IJGlobal.

Representation of the lenders (including UniCredit and SG) in the facility of up to US$215 million, benefitting from UFK cover,  to be provided to Euromax Resources Ltd. for the Ilovica Gold-Copper Project in Macedonia.

Representation of the underwriters, arrangers and initial lenders (Deutsche Bank, Société Générale and Sberbank) for Uranium One's inaugural US$300 million senior secured high yield bond and related US$120 million revolving credit facility.

Representation of EuroChem on a Russian project financing of up to US$750 million, from a syndicate of international and Russian banks, in connection with its Usolskiy potash project located within Russia's Verkhnekamskoe deposit, one of the world's largest potash deposits.

Representation of Norilsk Nickel on the US$337 million sale of its operations in Africa to BCL Limited of Botswana. The sale included Norilsk Nickel's 50% participation interest in the Nkomati Nickel and Chrome Mine in South Africa, the largest primary nickel and chrome mine in Africa, and 85% stake in Tati Nickel Mining Company in Botswana; and also involved the complete renegotiation of the nickel concentrate and matte supply chains emanating from the mines.

Representation of The Miller Group and Argent Group, on their sale of the entire issued share capital in Miller Argent Holdings Limited, a Welsh coal mining business and the owner of one of the last operating coal mines in the United Kingdom.

Representation of Novator in its investment in an African gold exploration and mining company, Taurus Gold.

Representation of a bidder for Freeport-McMoran’s controlling stake in the Tier 1 Tenke Fungurame Copper Mine in the Democratic Republic of Congo.

Representation of MMG Limited and the MMG-led consortium including Guoxin International Investment Corporation Limited (22.5%) and CITIC Metal Peru Investment Limited (15%) on the US$7 billion acquisition of the Las Bambas copper project in Peru from Glencore plc. We advised MMG on the consortium shareholder arrangements, and the consortium on the M&A, HKSE approvals and financing of the acquisition (including ongoing project development costs) through a combination of equity and long-term debt facilities from a banking syndicate arranged by China Development Bank. The Las Bambas project is a world-class copper asset with prospective, near-mine exploration opportunities located in Cotabambas, Apurimac region of Peru. This deal won "2015 Energy & Resources Deal of the Year" by ALB China Law, "2014 Global M&A Deal of the Year, Latin America/Peru" by American Lawyer, "2014 Deal of the Year" by China Business Law Journal and "2014 M&A Deal of the Year" by Latin Lawyer.

Representation of New World Resources (NWR) in its second round of operational and balance sheet restructuring following the further significant decline in the coal price since the first round of restructuring in 2014. We also represented NWR 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. This complex transaction involved a UK Scheme of Arrangement and a Rights Issue and Placing on the London, Warsaw and Prague Stock Exchanges, drawing on a complex mix of capability across mining, restructuring, debt and equity capital markets, corporate and tax. This deal won "2014 Industrial Goods and Basic Resources Deal of the Year" at M&A Advisor's Turnaround Awards and "Best Restructuring in CEE 2015" at the EMEA Finance Achievement Awards. We also represented NWR on the divestment of its €95 million coke subsidiary OKK Koksovny, a.s., the largest producer of foundry coke in Europe, to Metalimex, a class 1 transaction under the UK Listing Rules.

Speaking Engagements

"Sector focus: Metals and mining", May 2016: Debtwire Investors Summit, New York

"Mining & Metals Roundtable: Is the cycle coming full cycle?", October 2015: White & Case,
London

"Mining Investment—Thriving during a commodity downturn", April 2015: Mergermarket's Mining Capital Forum,
London

"Cross-border balance sheet restructuring of NWR", April 2015: Mergermarket's Mining Capital Forum,
London

"Mining Journal Mining M&A Webinar", January 2015: Mining Journal,
Hong Kong

"The Great Divide in Risk Appetite Across the Mining & Metals Sector", October 2014: White & Case,
London

"What We Can Learn from Latin America—a roadmap for other emerging countries", December 2013: Mines and Money Conference,
London

"Financing in Africa: The Impact of Natural Resources Discoveries", November 2013: White & Case,
London

"Assessing the Drivers Behind Chinese and Asian Investment into Latin America", November 2013: Mining and Investment Latin America Conference,
Lima

Publications

Awards & Recognition

Chambers UK, 2016

"Hugely experienced", a "great negotiator who is direct, confident and ambitious for her clients".

The UK Legal 500, 2014 & 2015

Leading Individual: Projects, Energy & Natural Resources: Mining & Minerals