find the latest legal job
Monash University Director Workplace Relations
Category: Industrial Relations and Employment Law | Location: All Melbourne VIC
· Exceptional senior leadership role
View details
Personal Injury Lawyer - Melbourne Eastern Suburbs - 2-5 years PAE
Category: Personal Injury Law | Location: Lilydale VIC 3140
· Fulfilling role as part of a small team in a positive workplace
View details
Legal Counsel
Category: Banking and Finance Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· In-house opportunity · Be part of our engine for success in a high growth business
View details
Trainer/Assessor Diploma of Legal Services
Category: Other | Location: Liverpool NSW 2170
· 3 Days Per Week · 9am - 4pm
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Adelaide CBD · Join a leading Adelaide commercial law firm
View details
Freehills behind Santos notes issue

Freehills behind Santos notes issue

Freehills has advised Santos Finance on its issue of €700 million ($984 million) subordinated fixed-to-floating rate notes due 2070. The Freehills team was led by partners Patrick Lowden…

Freehills has advised Santos Finance on its issue of €700 million ($984 million) subordinated fixed-to-floating rate notes due 2070.

The Freehills team was led by partners Patrick Lowden and Philippa Stone, with fellow partner Tony Sparks and solicitors Ivan Yu and Laura Cameron.

The notes have a tenor of 60 years, with the issuer having the option to redeem after seven years and on each subsequent coupon payment date. Key features of the notes include their high equity credit for ratings purposes, long term, mandatory deferral of interest in certain circumstances and a replacement capital covenant in favour of certain senior financiers.

The issue of the notes settled on 22 September.

Promoted content
Recommended by Spike Native Network