Following a record period for capital raisings at the height of the global financial crisis, the last 18 months have seen companies focused more on ways to use their capital and raise finance. Over this period, our team advised on some of the most significant capital raisings and listings in the market, including the $2.3bn Origin Energy issue, US$4bn QR National Float and US$3.1bn Westfield Retail Trust IPO. In the last 12 months, clients have also relied on our debt capital markets, derivatives and securitisation specialists to access new markets and develop groundbreaking financial products. These include the Commonwealth Bank of Australia, Primary Health Care and Adelaide and Bendigo Bank’s retail bond issues, which together have laid a foundation for the development of a retail bond market in Australia.
As regulators around the world continue to respond to the global financial crisis, clients look to Mallesons to help them engage in the debate around new regulation, interpret what has been proposed and prepare for change. In doing so, our lawyers draw on our work with leading industry bodies, including the Australian Bankers Association (ABA), Australian Securitisation Forum, International Swaps & Derivatives Association (ISDA) and Australian Financial Markets Association (AFMA).