Listed company advised on $228m entitlement offer
National firm MinterEllison has advised ASX-listed Cromwell Property Group on its two for 13 accelerated non-renounceable entitlement offer.
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Firm: MinterEllison (Cromwell Property Group)
Value: $228 million
Area: Transactions
Key players: The Minters team was led by partner Ker Wei Tiam.
Deal significance: “Cromwell has been active in capital markets over the past 12 months, and we are delighted to have had the opportunity to support them on each transaction,” said Mr Tiam.
“This transaction required the involvement of our market leading investment funds, equity capital markets and government practice groups. We are delighted to have been able to provide a premium full service offering to Cromwell.”
Fellow Minters partner Daniel Scotti added: “We are very pleased to have been able to assist Cromwell in meeting their strategic capital raising targets for the year.”
“The transaction ran very smoothly despite the challenging timeframe, which is a reflection of the experience and of all parties involved, and our close working relationship with Cromwell, which we value very highly,” he said.
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Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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