Big Law

Two firms advise on Macquarie Capital deal

Clayton Utz and Freehills are advising on a $148 million equity raising by Independence Group NL for Macquarie Capital (Australia) Limited and Euroz Securities Limited.Macquarie Capital and…

December 15, 2011 • By Lawyers Weekly

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Clayton Utz and Freehills are advising on a $148 million equity raising by Independence Group NL for Macquarie Capital (Australia) Limited and Euroz Securities Limited.

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Macquarie Capital and Euroz are the joint lead managers in respect of the successfully completed $118 million institutional placement by ASX-listed nickel miner and gold explorer Independence Group NL.

Macquarie is sole bookrunner and global coordinator to the offer, which includes an associated $30 million share purchase plan to existing shareholders.

Clayton Utz Perth corporate partner Mark Paganin is leading the firm's team advising, assisted by senior associate James Clyne.

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