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Financial planning businesses advised on Megaport capital raise
RBC Capital Markets and Morgans Corporate Limited have been advised on a fully underwritten $50 million institutional placement by Megaport and a secondary $10m sell-down by that company’s chairman.
Jerome Doraisamy
Firm: Baker McKenzie (joint lead managers and Australian and US legal counsel to RBC Capital Markets and Morgans Corporate Limited).
Value: $60 million.
Area: Equity markets.
Key players: The Bakers team was led by Craig Andrade, Antony Rumboll and Matthew De Cataldo, with assistance from Andrew Reilly and Paul Anderson on US law aspects.
Deal significance: Mr Andrade stated, "We were delighted to act for our clients, RBC Capital Markets and Morgans Corporate Limited, as joint lead managers and underwriters on this strategic capital raise by Megaport, which will provide funds for expansion into new markets and locations as well as for innovation and the development of new technology."
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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