Deals 11 March
Clifford Chance advised Hanaro Telecom on its issue of the $635 million, 7 per cent notes due 2012. This is a high yield financing for Hanaro Telecom’s acquisition of Korea Thrunet. The deal,
Clifford Chance advised Hanaro Telecom on its issue of the $635 million, 7 per cent notes due 2012. This is a high yield financing for Hanaro Telecom’s acquisition of Korea Thrunet. The deal, which was conducted by lawyers in the firm’s London, New York and Hong Kong offices, included complex merger covenant and sale/leaseback covenant and change of control redemption event aspects. London-based partner Bob Trefny led the team.
Minter Ellison’s international team on the transaction was led by Sydney-based partner Daniel Marks and included Roger Corkery, Rhiannon Chisholm, Renae Suttor and Matt Wilson (Sydney); Nigel Clark and Sally Bell (London); Lis Ellis and Kelvin Ng (Hong Kong), and Kate Lane, Andrew Ryan and Anna Campbell (Auckland).
Clayton Utz won the role of principal legal advisor to the Southern and Eastern Integrated Transport Authority (SEITA) on the development phase of the $3.8 billion Mitcham to Frankston Project in Victoria. The firm was appointed for five years, after a competitive bid process. CU was joint legal adviser during the project’s tender phase. Partners Brad Vann, Marko Misko and Doug Jones are the firm’s lead lawyers advising SEITA, the Victorian government body responsible for delivering the project, which is set to be one of Australia’s largest urban freeways. The MFF involves construction of a 40 kilometre link between Mitcham and Frankston, twin 1.5 kilometre tunnels, a link to the Ringwood Bypass, 16 interchanges and over 90 bridges. The project is scheduled for completion in 2008.