Overview
Freehills is a leading adviser in debt capital markets transactions. We are experienced in acting for issuers, arrangers, underwriters, dealers, rating agencies, trustees, swap providers and credit wrappers for both local and offshore issues.
We have advised on numerous and leading-edge capital raisings and product developments in domestic and international markets including:
- pure debt securities, such as medium-term notes, commercial paper and dematerialised securities, Kangaroo bonds, CPI indexed debt securities and mezzanine notes
- credit wrapped securities
- convertible debt securities
- retail debentures and perpetual (income) securities
- US private placements and Rule 144A issues
- Eurobond issues.
We also have extensive experience with various other financial instruments where we have acted on a broad range of domestic and international structures. This experience includes a number of unique bond and private placement transactions, wrapped debt issues, unwrapped debt issues and hybrid securities.
Experience
We have advised on a range of debt capital market transactions, including:
- BHP Australian and European medium term note program updates – adviser to issuer
- Caltex US private placement issue – adviser to issuer
- Elders US private placement issue restructure – adviser to issuer
- Australian Prime Property Fund Retail A$250 million Australian medium term notes issue – adviser to issuer
- Westfield US$10 billion euro medium term note program – adviser to issuer
- Wells Fargo A$3 billion kangaroo bond program – adviser to arranger
- Transurban A$1.8 billion credit-wrapped and non-credit wrapped debt issuance program – adviser to issuer
- Coles Myer A$3 billion global debt issuance program – adviser to issuer
- Orica A$559 million US private placement – adviser to issuer
- Newcastle Permanent Building Society A$1 billion debt issuance program – adviser to arranger
- Treasury Corporation of Victoria US$3 billion euro medium term note program update – adviser to issuer
- Hypo Real Estate Bank International A$3 billion domestic medium term note program – adviser to issuer
- NRW Bank A$3 billion domestic medium term note program – adviser to issuer
- Heritage Building Society Limited A$2 billion debt issuance program – adviser to issuer
- Brisbane Airport Corporation Limited $300 million medium term note program – adviser to financial guarantor
- Worsley Parsons US$350 million and US$144.5 million US private placements – adviser to issuer
- Santos US$500 million US private placement – adviser to issuer
- Debt financing of the Cairns and Mackay Airports – adviser to issuer
- Debt financing of the Royal Children’s Hospital PPP – adviser to underwriter and financial guarantor
- Debt financing for the Orange Hospital PPP – adviser to issuer
- Debt financing of the Cross City Tunnel acquisition – adviser to issuer and financial guarantor
Working with you
Freehills has an experienced team of debt capital markets lawyers who keep up-to-date with the latest developments in capital markets, both in Australia and internationally. With our accumulated experience and knowledge, we can help you realise your commercial objectives.
