Capital Management

Equity and Equity-linked Capital including:

• Initial public offerings (IPOs) 
• Rights issues
• Large-scale placements
• Hybrids and equity-linked transactions
• Derivative transactions
• Underwriting
• Capital reductions including buy-backs
• Debt-for-equity swaps
• Share purchase plans
• Dividend reinvestment plans

Debt Capital including:

• Australian wholesale commercial paper, MTNs and subordinated notes
• Australian hybrid note issues including tier 1 and tier 2 compliant issues and convertible notes
• Domestic and international debt issues, including ECP, EMTNS, ETCDs, TLNs, subordinated and structured debt, US 144A or SEC registered issues and Kangaroo bonds
• Euro-market transactions
• Advice on related stamp duty and tax issues
• Securitisation including synthetics

Experience

Origin Energy: Advised on its A$1.275 billion on-market share buy-back (2008).

Boral: Advised Boral on its A$100 million off-market tender share buy-back (2008).

Leighton Holdings:  Advised Leightons on its 2008 A$700 million accelerated renounceable entitlement offer (2008).

Transpacific Industries Group:  Advised on its A$347.5 million convertible note issue on the Singapore Stock Exchange (2007).

Macquarie Group: Legal adviser to seven joint lead managers (Macquarie Capital Advisers, Citi, Goldman Sachs JBWere, JPMorgan, nabCapital, UBS and Westpac) on the A$600 million convertible preference security for Macquarie Group (2008).

Iluka Resources: Legal adviser to joint lead managers (ABN Amro, Citigroup) on the A$330 million Accelerated Entitlement offer (2008).

Suncorp: Advised lead manager Citigroup on Suncorp's 2007 $1.17 billion rights issue and advised joint lead managers Citigroup, JP Morgan, Macquarie Capital Advisers and UBS on the 2008 $735 million hybrid offer (2007-2008).

Brickworks: Advised on its 2008 $165 million buy-back of its reset preference shares (2008).