find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Senior family lawyer - Melbourne
Category: Family Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Outstanding national firm · High-calibre family law team
View details
Clutz and HSF act on healthy $150m notes offer

Clutz and HSF act on healthy $150m notes offer

Clayton Utz and Herbert Smith Freehills have acted on an offer of subordinated notes by integrated healthcare provider Healthscope.

Firms: Clayton Utz (joint lead managers); Herbert Smith Freehills (Healthscope Group)

Deal: Offer by Healthscope of subordinated notes

Area: ECM

Value: $150 million with the ability to raise more or less

Key players: The HSF team was led by partner Tim McEwen, with partner Baden Furphy, senior associate Jade Winterburn and solicitor Laura Southwell also advising on the transaction.

Clutz Melbourne equity capital markets partner Brendan Groves (pictured)  led the firm's team, which included senior associate Elissa Tobin and lawyer Peter Hamblin, in advising the joint lead managers, comprising: Macquarie, Credit Suisse, UBS, ANZ, CBA, NAB and Westpac

Deal significance: The Notes II Offer is part of Healthscope's capital management strategy, with proceeds raised to be used to repay some of the Healthscope Group's senior debt.

Credit Suisse, Macquarie Capital and UBS are acting as Structuring Advisers to the offer.

 ‘ASX-listed notes currently remain one of the key strengths in Australia’s capital markets and we expect that these transactions will continue to drive activity in 2013 with a variety of subordinated notes offerings over the coming months,’ said McEwen. 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Clutz and HSF act on healthy $150m notes offer
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...