Clayton Utz has advised the long-standing client in connection with its proposed equity capital raising of approximately A$309 million and new A$1.525 billion debt facility, just announced to the market.

Clayton Utz Brisbane corporate partners Andrew Hay and Tony Lalor led the firm's team on the equity side. The

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raising comprises a 9 for 14 Accelerated Pro Rata Renounceable Entitlement Offer of ordinary shares at an issue

price of 50 cents per share.

A Clayton Utz finance team led by Melbourne Banking partner Marcus Davenport together with special counsel Greg

Potts and Sydney Banking partner Alexander Schlosser, advised TPI on its A$1.525 billion new syndicated debt

facilities.

In July 2007, Hay led the Clayton Utz team that advised TPI on the corporate aspects of its A$1.2 billion

acquisition of the Cleanaway business, a multi-jurisdictional transaction which the Clayton Utz team turned around in a tight two-week timeframe, the firm said. 

Transpacific Industries Group provides waste management, recycling and industrial services across Australia and

New Zealand.