Capital Markets: Equity
Global Guide 2024 : Australia
Band 1
Email address
[email protected]Contact number
+61 2 9263 4000About
Provided by Gilbert + Tobin
Our approach
Our Capital Markets team advise listed companies and funds, financial advisers and their clients, underwriters and institutional investors across the range of Australian capital markets transactions.
We are renowned for providing innovative advice on new and existing financial structures and financial products. We have acted for many listed corporations in their debt and equity capital markets transactions. We have excellent working relationships with the Australian Securities & Investments Commission, the Australian Securities Exchange and the Australian Prudential Regulatory Authority.
Our place in the market
In 2016 we advised on eight of the top ten Australian IPO transactions. We are routinely recognised by Thomson Reuters as being the number one adviser in the market to underwriters/joint lead managers, by number of deals.
Our services
- Conducting initial public offerings.
- Establishing and structuring listed and unlisted managed funds.
- Advising on subsequent offerings including rights issues, private placements, share purchase plans,
- DRP underwritings and on the establishment of share and interest sale facilities.
- Advising on block trades.
- Advising on the structuring of complex capital instruments.
- Advising on capital management strategies, including buy-backs and capital reductions.
- Debt capital markets and securitisation – on various programme establishments, drawdowns, credit-wrapped notes, US private placements and Islamic bonds.
Chambers Review
Gilbert + Tobin maintains a leading practice in the ECM space, known especially for its strength in handling high-value and complex IPOs, secondary offerings and block trades for issuers, investors and underwriters. The firm also has considerable expertise in DCM, where it is frequently engaged on complex restructures and refinancing of high-yield bonds. Its key clients include J.P. Morgan, Macquarie Capital and Goldman Sachs.
Work Highlights
- Gilbert + Tobin represented RBC Capital Markets and UBS Securities as the joint lead managers, book-runners and underwriters of Atlas Arteria in its AUD3.1 billion entitlement offer to purchase a majority interest in Skyway Concession Company.
- The firm also advised Enerflex on its debt financing arrangements, including a USD625 million note issuance, in connection with its acquisition of Exterran.
Strengths
Provided by Chambers
"Gilbert + Tobin demonstrate a strong understanding of the commercial constructs of a deal and are able to relate those back to legal concepts."
"They are continuously able to prioritise work and deliver strong outcomes in difficult situations and have the expertise across all product areas to help deliver on out-of-scope questions."
"Gilbert + Tobin demonstrate a strong understanding of the commercial constructs of a deal and are able to relate those back to legal concepts."
"They are continuously able to prioritise work and deliver strong outcomes in difficult situations and have the expertise across all product areas to help deliver on out-of-scope questions."
Notable Practitioners
Peter Cook heads the equity capital markets team at Gilbert + Tobin and is widely respected as a top practitioner for the depth of his experience in ECM matters, frequently acting for underwriters and lead managers on major IPOs.
"Peter is a very sophisticated, well-connected and commercial lawyer with exceptional integrity."
Adam D'Andreti is an established practitioner, advising clients on ECM matters such as IPOs and secondary raisings.
"Adam is incredibly experienced, commercial, professional and accommodating at all times."
Louise McCoach is an established figure in the DCM space and often advises clients on the issuance and refinancing of secured and unsecured notes.
"Louise is very responsive and conscious of our requirements, providing not only sophisticated legal advice but also advice with commercial acumen."
Rachael Bassil has an active practice in ECM and often acts for lead managers on IPOs and equity issuances.
"Rachael is highly commercial and deeply experienced in all complexities of capital markets law."
Ranked Lawyers at
Gilbert + Tobin
Australia
Members
Provided by Gilbert + Tobin
Adam Laura
Alex Kauye
Ben Macdonald
Craig Semple
Deborah Johns
Duncan McGrath
Elizabeth Hill
Hiroshi Narushima
John Schembri
Julie Athanasoff
Marcello Cardaci
Neil Pathak
Peter Reeves
Sarah Turner
Industries
Provided by Gilbert + Tobin
Automobile & Parts
Banks
Charities/Not for Profit
Chemicals
Education
Energy
Financial Services
Food & Drink Producers
Forestry & Paper
Government
Health Care
Industrial Engineering
Insurance
Media
Mining & Metals
Pharmaceuticals & Life Sciences
Real Estate
Retail
Technology, Hardware & Electronics
Telecommunications
Transportation
Travel & Leisure
Utilities