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Freehills advises $133m deal

Freehills advises $133m deal

Freehills has advised Bandanna Energy on its $133 million capital raising.The institutional component of the offer was fully underwritten by UBS (advised by Mallesons Stephen Jaques) and…

Freehills has advised Bandanna Energy on its $133 million capital raising.

The institutional component of the offer was fully underwritten by UBS (advised by Mallesons Stephen Jaques) and completed last night (18 August).

Funds raised from the five for 16 capital raising will be used to assist with developing key projects including securing Stage 1 capacity at Wiggins Island Coal Export Terminal and associated rail allocation.

Freehills partner Philippa Stone led the transaction and was supported by lawyers Amy Goble, Lynda Tully, Ivan Yu, Carl Hornigold and Kirsten Shaw.

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