NEWS

Allens and Linklaters lead way on Euro issuances for Australian corporates

By Warwick Newell
Banking Financial Services Royal Commission

Global integrated alliance partners Allens and Linklaters have advised the arrangers on a €500 million Euro Medium Term Note issuance for Australia's largest rail freight operator, Aurizon Network.

Allens and Linklaters advised RBC Capital Markets, Bank of America Merrill Lynch and Credit Suisse on the debut issuance for Aurizon Networks.

Allens Partner James Darcy and Linklaters Partners Jeremy Webb and Andrew Malcolm, with support from Managing Associate Jonathan Horan, led the cross-border team on the deal.

This deal follows several other recent issuances into the Euro market that the Allens and Linklaters team has advised issuers and arrangers on, including advising Brambles on its recent successful €500 million issuance.

'The successful Aurizon €500 million Euro Medium Term Note issuance follows a number of other Australian corporates accessing the Euro market to diversify sources of capital and to access tenor,' Mr Darcy said.

'The Aurizon issuance, and several other similar deals including Brambles' recent successful €500 million offering, demonstrate the Allens and Linklaters approach in providing clients a seamless "one team" service across jurisdictions and capital markets.'

Linklaters' Asia Head of Capital Markets, Andrew Malcolm, commented: 'We are delighted to complete another international offering for an Australian issuer in which our firms' combined and complementary securities experience could be brought to bear.'

Ends

Globally, the two firms provide clients with access to the world's leading lawyers through an integrated network of 40 offices across 29 countries.

Notes for editors.

Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.