Mallesons’ Debt Capital Markets team has a strong track record in representing arrangers, dealers and issuers in all aspects of domestic and international debt capital market financings.
Australia’s debt capital markets have performed well over the last 18 months, with domestic and international issuers and investors looking to Australia as a stable source of funding. Recognised as the leading adviser in the kangaroo bond market, Mallesons advised on every kangaroo transaction in 2009, and all but 5 of the 80 in 2010. Our team has won the KangaNews law Firm of the Year Award every year since its inception in 2007, and in 2010 they commented that “issuers from the kangaroo, financial institution, corporate and asset-backed sectors all named [Mallesons] as the market’s best performer, while its recognition among intermediaries was close to universal”.
As the corporate debt market generally grows stronger, with issuers looking to diversify their funding sources, our team is advising on some of the largest deals in the market including recently, the largest wholesale debt offering by a State backed by a Commonwealth Guarantee and the first two structured covered bond transaction in the Australian market. Our role includes structuring, negotiating and documenting these transactions, and it is well accepted that the documents produced by our team regularly determine the market model and standard.