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Zenith Energy advised on $40m note issue
Allens has advised Zenith Energy Group on its $40 million note issue with FIIG Securities Limited.
Emma Musgrave
Firm: Allens (Zenith Energy)
Value: $40 million
Area: Banking and finance
Key players: The Allens team was led by banking and finance partner Ben Farnsworth, with assistance from banking and finance senior associate Rod Aldus, and banking and finance law graduate Tania Joppich.
Deal significance: The offer exceeded demand with bond investors supportive of Zenith Energy’s intention to use the proceeds to fund the company's strong pipeline of projects, according to a statement from Allens.
Commenting on the transaction, partner Ben Farnsworth said demand for alternative energy solutions was contributing to a complementary demand for investment opportunities into the sector.
“Zenith Energy’s business model make it an attractive proposition for bond investors,” Mr Farnsworth said.
“Working as part of a team of advisers we were delighted to assist with an offer which secured such strong interest.”
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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