Ashurst‘s ’highly sophisticated’ group has noteworthy capabilities to handle equity, debt and securitisation transaction. Its client list features major banks and corporates whom it advises on high-value capital raisings. Jennifer Schlosser is a securitisation expert, Caroline Smart is a DCM specialist, and Patricia Paton has a specialism in ECM; the three co-head the practice. The team’s M&A-driven capital raisings work and deep regulatory expertise is notable, as is its work in cross-border and ESG-focused issuances. Noteworthy names in the practice include Emma Malone, Andrew Kim and Victoria Yeh.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team is highly collaborative and engaged with your business.'
'I found Patricia Paton very responsive. She solved problems and leveraged her network and expertise to keep the deal on-track. She was adept at understanding audiences and was able to manage expectations well.’
‘Solution orientated. They were willing to chart a way forward, rather than simply identify all the issues.’
‘Knowledgeable and accessible.’
'Ashurst team are leaders in capital markets securitisation work. They are our go-to legal firm.'
'They have taken the time to understand and invest time understand and supporting our business. Ashurst have been influential to the success of our business. They understand our standards.'
Key clients
- Energy Resources of Australia Ltd
- Morgan Stanley Australia Securities Limited and UBS Securities Australia Limited
- Alpha HPA Ltd
- Vulcan Energy Resources Limited
- MST Financial Services Pty Ltd
- Citigroup Global Markets Australia Pty Limited and MA Moelis Australia Advisory Pty Ltd
- Barrenjoey Markets Pty Limited and Canaccord Genuity (Australia) Limited
- Ansell Limited
- Canaccord Genuity (Australia) Limited, Macquarie Capital (Australia) Limited and Morgans Corporate Limited
- EnBW Energie Baden-Württemberg AG, EnBW International Finance B.V.
- BP Capital Markets p.l.c.
- Cooperatieve Rabobank Australia Branch
Work highlights
Advised Energy Resources of Australia Ltd (ASX:ERA) in relation to a non-underwritten pro rata renounceable entitlement offer to raise up to approximately $880m.
Advised Morgan Stanley Australia Securities Limited and UBS Securities Australia Limited in their role as joint lead managers, bookrunners and underwriters of a fully underwritten $550m institutional placement and up to $200m non-underwritten share purchase plan by NextDC Limited.
Advised Ansell Limited in relation to its proposed acquisition of Kimberley-Clark's personal protective equipment business for $460m and acquisition financing including: an equity raising of approx. $465m million by way of a $400m placement and up to $65m share purchase plan; and debt financing including bridge financing facility of $377m and deal contingent swaps, and related matters.
Lawyers
Leading partners: Capital markets: securitisation
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading partners: Capital markets: debt
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners: Capital markets: equity
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates: Capital markets: debt
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Victoria Yeh
Practice head
Jennifer Schlosser; Caroline Smart; Patricia Paton
Other key lawyers
Emma Malone; Andrew Kim; Victoria Yeh