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Financial planning businesses advised on Megaport capital raise

RBC Capital Markets and Morgans Corporate Limited have been advised on a fully underwritten $50 million institutional placement by Megaport and a secondary $10m sell-down by that company’s chairman.

March 22, 2019 • By Jerome Doraisamy
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Firm: Baker McKenzie (joint lead managers and Australian and US legal counsel to RBC Capital Markets and Morgans Corporate Limited). 

 
 

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Deal: RBC and Morgans were advised on the $60 million capital raise by Megaport. 

Value: $60 million. 

Area: Equity markets. 

Key players: The Bakers team was led by Craig Andrade, Antony Rumboll and Matthew De Cataldo, with assistance from Andrew Reilly and Paul Anderson on US law aspects.

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Deal significance: Mr Andrade stated, "We were delighted to act for our clients, RBC Capital Markets and Morgans Corporate Limited, as joint lead managers and underwriters on this strategic capital raise by Megaport, which will provide funds for expansion into new markets and locations as well as for innovation and the development of new technology."

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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