NEWS | deals >>
| M&A | ►►LEO Pharma acquisition of Peplin US$287m Firm: Gilbert + Tobin Lead lawyers: Rachel Launders, Vincent Dwyer Client: LEO Pharma A/S
Firm: Allens Arthur Robinson Lead lawyers: Paul Kenny, David McLeish, Ted Hill Client: Banks Firm: Bracewell & Giuliani Client: US noteholders Firm: Arnold Bloch Leibler Client: Australian noteholders Firm: Mallesons Stephen Jaques Lead lawyer: Jason Watts Client: Goldman and RBS
Vincent Dwyer Gilbert + Tobin
Firm: Corrs Chambers Westgarth Lead lawyer: James Rozsa Client: Peplin • Peplin is nearing the completion of clinical trials for its lead product which treats common pre-cancerous skin lesion actinic keratosis • LEO Pharma is a privately-held global pharmaceutical company based in Denmark • Peplin moved its headquarters from Brisbane to the US in 2007 to pursue an international growth strategy
• Deal consisted of debt refinancing, equity raising and asset sale transactions • Restructured debt package consisted of permanent term debt facilities and notes with maturities of three years and over, asset sale bridges, equity bridges and a revolving credit facility and transactional banking facilities for working capital needs • Included sale of Elders’ general insurance business to QBE and the establishment of a new joint venture for the ongoing distribution of general insurance products • Included institutional placement and novel share purchase plan • Deal required the efforts of M&A, ECM, banking and finance and restructuring practices
| M&A, ECM, Banking & Finance, Restructuring | ►►Elders corporate restructure Undisclosed Firm: Freehills Lead lawyers: Al Donald, Kristin Stammer, Damien Hazard, Hayley Neilson, Philippa Stone, Rebecca Maslen-Stannage Client: Elders
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CORRECTIONS: ALB guide: Building and Construction Law In last month’s ALB Practice Area Guide, Carter Newell should have been recognised as a leading firm in this area. Regrettably, this did not occur owing to a production error. The Guide also omitted commendations for Carter Newell’s Patrick Mead and David Rodighiero as leading lawyers. ALB regrets the errors.
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