Herbert Smith Freehills advises Aconex Limited on its A$312.3m Initial Public Offering

Herbert Smith Freehills has advised Aconex Limited (Aconex) on its successful A$312.3 million initial public offering (IPO) on the Australian Securities Exchange.

Aconex is one of the world’s largest providers of ‘software as a service’ collaboration solutions for information and process management on construction and engineering projects. Aconex provides software products for the residential and commercial, government and infrastructure, and energy and resources sectors. More >>

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Herbert Smith Freehills advises Virgin Australia on its US$300 million issue of Senior Notes

Herbert Smith Freehills has advised Virgin Australia Holdings Limited, Australia’s second largest airline group, on its US$300 Rule 144A/Regulation S issue of Senior Notes due 2019 (the “Notes”), which completed on 21 November 2014. The issue represents Virgin Australia’s debut issue of unsecured notes in the international debt capital markets. More >>

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Allen & Overy advises on financing for USD2.8 billion Donggi-Senoro project

Allen & Overy has advised on the financing for the USD2.8 billion Donggi-Senoro Liquefied Natural Gas (DSLNG) project which was signed today.

Donggi-Senoro LNG is the fourth liquefied natural gas (LNG) project in Indonesia and is scheduled to start production in mid-2015. The liquefaction plant will have the capacity to produce 2 million tons of LNG per year. The Republic of Indonesia has the largest economy in Southeast Asia and is the world’s fourth-largest exporter of LNG. DSLNG is the first LNG project in Indonesia to adopt a downstream development model, enabling separate development of upstream (natural gas and condensates production) and downstream (LNG and condensates) businesses. The Donggi-Senoro LNG project is only the world’s second non-integrated merchant LNG plant. Allen & Overy advised the project company, PT Donggi Senoro LNG, a subsidiary of the sponsors, Mitsubishi Corporation, PT Pertamina (Persero), Korea Gas Corporation (KOGAS) and PT Medco Energi Internasional TBK. More >>

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Herbert Smith Freehills completes A$1.215 billion sale for UGL Limited

Herbert Smith Freehills has advised UGL Limited (ASX:UGL) on the completion of the sale of its global property services business, DTZ, to a consortium comprising TPG Asia, Inc, PAG Asia Capital and Ontario Teachers’ Pension Plan (together TPG and Partners) for A$1.215 billion. The deal was signed on 14 June 2014 and closed on 5 November 2014. More >>

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Herbert Smith Freehills advises Arrium Limited on its A$754 million entitlement offer

Herbert Smith Freehills is pleased to have advised Arrium Limited (Arrium) on its A$754 million fully underwritten pro-rata accelerated renounceable entitlement offer including retail rights trading (“PAITREO”) and institutional placement (Offer), announced to the ASX on 15 September 2014. More >>

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