find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
KWM and Minters land major raising

KWM and Minters land major raising

King & Wood Mallesons and Minter Ellison have acted on Australian Agricultural Company’s capital raising.

Firms: King & Wood Mallesons (Australian Agricultural Company (AACo)); Minter Ellison (AA Trust – one of AACo’s largest shareholders)

Deal: Australian Agricultural Company’s capital raising

Area: Equity capital markets

Value: $299 million

Key players: KWM’s team was led by M&A partners Stefan Luke and David Friedlander (pictured), assisted by senior associates Rhys Casey and Amanda Isouard and solicitor Steve Mylonas. Ken Astridge and Jung Ma assisted on the convertible note terms. Partners Costas Condoleon Daniel Scotti and John Elias acted for Minters, with assistance from senior associate Bryn Davis

Deal significance: The capital raising comprised a $219 million fully-underwritten accelerated non-renounceable pro-rata entitlement offer and the placement of subordinated convertible notes to raise a further $80 million. The proceeds of the capital raising will be used to fund construction of the company’s Darwin Abattoir, reduce net debt and position the company to execute its vertical integration strategy.

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

KWM and Minters land major raising
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
microscope
06:04
‘Exorbitant legal fees’ under government microscope
With the growing number of class action proceedings in Australia, the government is looking at how ...
Funds, money, cash
06:00
Law Access WA receives welcome funding
Law Access Western Australia has received a grant from the state government to fund its pro bono leg...
Thomson Reuters adds to Practical Law team
06:00
Thomson Reuters adds to Practical Law team
Thomson Reuters has appointed an experienced real estate lawyer to its Practical Law Australia team....
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 & ...