Ashurst‘s ’highly sophisticated’ group has noteworthy capabilities to handle equity, debt and securitisation transaction. Its client list features major banks and corporates whom it advises on high-value capital raisings. Jennifer Schlosser is a securitisation expert, Caroline Smart is a DCM specialist, and Patricia Paton has a specialism in ECM; the three co-head the practice. The team’s M&A-driven capital raisings work and deep regulatory expertise is notable, as is its work in cross-border and ESG-focused issuances. Noteworthy names in the practice include Emma Malone, Andrew Kim and Victoria Yeh.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Our go-to team for all things. The service standard is exceptional. Thank you Jennifer Schlosser and team.'
- 'Jennifer Schlosser has been outstanding in the contribution made to the success of our Australian business.'
- 'They have taken the time to understand and invest time understand and supporting our business. Ashurst have been influential to the success of our business. They understand our standards.'
- 'Ashurst team are leaders in capital markets securitisation work. They are our go-to legal firm.'
- ‘Solution orientated. They were willing to chart a way forward, rather than simply identify all the issues.’
- 'I found Patricia Paton very responsive. She solved problems and leveraged her network and expertise to keep the deal on-track. She was adept at understanding audiences and was able to manage expectations well.’
Key clients
- Energy Resources of Australia Ltd
- Morgan Stanley Australia Securities Limited and UBS Securities Australia Limited
- Alpha HPA Ltd
- Vulcan Energy Resources Limited
- MST Financial Services Pty Ltd
- Citigroup Global Markets Australia Pty Limited and MA Moelis Australia Advisory Pty Ltd
- Barrenjoey Markets Pty Limited and Canaccord Genuity (Australia) Limited
- Ansell Limited
- Canaccord Genuity (Australia) Limited, Macquarie Capital (Australia) Limited and Morgans Corporate Limited
- EnBW Energie Baden-Württemberg AG, EnBW International Finance B.V.
- BP Capital Markets p.l.c.
- Cooperatieve Rabobank Australia Branch
Work highlights
Advised Energy Resources of Australia Ltd (ASX:ERA) in relation to a non-underwritten pro rata renounceable entitlement offer to raise up to approximately $880m.
Advised Morgan Stanley Australia Securities Limited and UBS Securities Australia Limited in their role as joint lead managers, bookrunners and underwriters of a fully underwritten $550m institutional placement and up to $200m non-underwritten share purchase plan by NextDC Limited.
Advised Ansell Limited in relation to its proposed acquisition of Kimberley-Clark's personal protective equipment business for $460m and acquisition financing including: an equity raising of approx. $465m million by way of a $400m placement and up to $65m share purchase plan; and debt financing including bridge financing facility of $377m and deal contingent swaps, and related matters.
Lawyers
Leading partners: Capital markets: debt
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading partners: Capital markets: securitisation
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Jennifer Schlosser
Emma Malone
Next Generation Partners: Capital markets: equity
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates: Capital markets: debt
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Victoria Yeh
Practice head
Jennifer Schlosser; Caroline Smart; Patricia Paton
Other key lawyers
Emma Malone; Andrew Kim; Victoria Yeh