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Allens advises on Mirabela raising

Allens Arthur Robinson has acted for the joint lead managers - Macquarie Capital Advisers Limited and UBS AG, Australia Branch - of Mirabela Nickel Limited's (Mirabela) recently announced $US165…

September 14, 2010 • By Lawyers Weekly

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Allens Arthur Robinson has acted for the joint lead managers - Macquarie Capital Advisers Limited and UBS AG, Australia Branch - of Mirabela Nickel Limited's (Mirabela) recently announced $US165 million ($177 million) capital raising.

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The deal was a global offer involving both conditional and unconditional tranches, including an offer of shares listed on both the Australian Securities Exchange and the Toronto Stock Exchange.

The funds raised will be used to prepay Mirabela's senior debt facility and expand Mirabela's Santa Rita nickel sulphide mine in Brazil.

The Allens team was led by co-head of equity capital markets Robert Pick and included capital markets lawyer Xinmin Pang.

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