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Big Law

Bakers and Clutz act on $70m Kingsgate deal

Baker & McKenzie and Clayton Utz have advised on a $70 million placement.

March 05, 2012 • By Digital
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Firms: Baker & McKenzie (advised joint underwriters Macquarie Capital and Goldman Sachs), Clayton Utz (Kingsgate Consolidated Limited)

 
 

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Deal: Kingsgate raises capital through placement

Area: Corporate

Value: $70 million

Key players: The Bakers team was led by partner Craig Andrade who was assisted by associate Cathy Chan. Partner Andrew Reilly also provided international securities law advice

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Deal significance: "We worked with our clients, Macquarie Capital and Goldman Sachs, to document and launch the transaction in an extremely tight timeframe which ensured that Kingsgate could move quickly to take advantage of current market conditions to raise capital for its exploration expenditure plans,” said Andrade.

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