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Payright completes IPO
King & Wood Mallesons has advised Payright on its successful initial public offering (IPO).
Emma Musgrave
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Firm: King & Wood Mallesons (Payright)
Deal: Payright has launched its IPO and is expected to begin trading on the ASX on 23 December 2020.
Value: Undisclosed
Area: Equity capital markets
Key players: The team advising Payright was led by King & Wood Mallesons partners David Eliakim and Nicola Charlston and senior associate Anthony Boogert, with support by solicitors Rhiannon Parker and Jordonne Colley.
Deal significance: Payright is a Melbourne-headquartered company that is housed in the buy now, pay later (BNPL) sector, specialising in mid-sized consumer purchases.
“The buy now, pay later space has been subject to a lot of recent regulatory scrutiny,” said Mr Eliakim, commenting off the back of the transaction.
“Being able to easily identify and resolve potential issues with an IPO requires a huge amount of collaborative input from specialists across the firm in areas such as financial regulation and capital markets.
“KWM’s fintech strength comes being able to call on a deep cross-practice team to achieve a great outcome for its clients.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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