Capital Markets: Debt
Asia-Pacific Guide 2025 : Australia
Band 2
Email address
[email protected]Contact number
+61 2 9230 4000About
Provided by Allens
Allens capital markets team is focused on debt, equity, hybrid and derivatives work and is active in:
- structuring securities for issue in domestic and international markets
- capital management activities such as buy backs, capital reductions and share sale facilities
- corporate governance
- trading systems for capital markets instruments
- regulating the conduct of capital markets players
We lead in the areas including:
- advising issuers and lead managers in large public offerings and placements
- establishing funds
- listing warrants
- hybrids and structured securities.
Our expert knowledge helps us create novel solutions, whether through new financial instruments or creative use of existing products.
We have a leading capital markets practice, with broad experience advising issuers and underwriters on IPOs, placements, rights issues, tier 1 capital raisings, hybrids, structured products and stapled securities and advised on some of Australia's most recent, and largest capital markets matters, demonstrating our strength as one of the leading equity capital markets practices in Australia.
The strength of our debt capital markets practice is evidenced by our strategic relationships with Australia's largest corporates and banks. We have experience in bank and corporate funding as well as in global capital markets for Australian banks and corporations trading in those markets.
Chambers Review
Allens maintains a strong reputation for its broad-ranging capital markets capabilities and works with a number of blue-chip clients, investment banks and other major financial institutions on significant ECM transactions including high-value block trades, IPOs and secondary offerings. The firm also possesses an impressive DCM practice working on a number of hybrid note issuances and US private placements. Allens handles matters involving offshore markets utilising the firm's cross-border expertise and its alliance with Linklaters. The team can draw on its significant regulatory expertise to advise arrangers and issuers, including institutional banks, on APRA guidelines.
Work Highlights
- Allens advised Nestlé on the establishment of its Australian medium term note programme and inaugural dual tranche issuance of AUD1.2 billion notes.
- The firm also advised AUB Group on its AUD880 million acquisition of UK-based insurance broker, Tysers, and associated AUD165 million equity raising.
Strengths
Provided by Chambers
"Allens provided an excellent service that was particularly responsive to our needs and took a hands-on approach to managing the legal aspects of the transactions. They frequently anticipated problems."
"They have fantastic expertise and are very responsive. All partners are very personable, clear subject matter experts and consistently reliable."
"Allens provided an excellent service that was particularly responsive to our needs and took a hands-on approach to managing the legal aspects of the transactions. They frequently anticipated problems."
"They have fantastic expertise and are very responsive. All partners are very personable, clear subject matter experts and consistently reliable."
Notable Practitioners
James Darcy is noted for his DCM expertise and often acts for corporates and financial institutions in relation to MTN programmes and bond issues.
Julian Donnan is an established figure in the ECM space with experience assisting clients with IPOs, SPPs and placements.
"Julian Donnan is an excellent lawyer and very commercial."
Robert Pick advises clients on a variety of ECM matters, including capital raisings, issuance, SPPs and hybrid securities matters.
"Robert Pick is a technically capable lawyer who is also commercial."
"Rob is highly solution-oriented in his approach. We never hear about a problem without a proposed solution."
Benjamin Downie is noted for his experience on securitisation and structured finance matters and often acts for financial institutions in relation to the establishment of securitisation programmes.
"Benjamin is a great operator and has been exceptional to work with."