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Atlas Arteria advised on $1.35bn equity raise
Infrastructure development company Atlas Arteria has been advised on a $1.35bn raise and increase to its European motorway stake.
Jerome Doraisamy
Firm: KWM (Atlas Arteria).
Area: M&A.
Value: $1.35 billion.
Key players: The KWM team was led by partner Henrik Moritz, who was assisted by special counsel Amanda Isouard, senior associates Shabarika Ajitkumar, Matthew Ward and Max Allan and solicitors Felicity Bell, Angus Moore and Daniel Ayad.
Deal significance: The raising is comprised of a $452 million institutional placement and a four for 21 accelerated pro-rata non-renounceable entitlement offer that is expected to raise $898 million, KWM said in a statement.
Commenting on the transaction, Mr Moritz said: “The raising and acquisition undertaken by Atlas Arteria fit in with the group’s broader strategic objectives in which they independently manage their investments and look to continued future growth. It was our pleasure to assist Atlas Arteria in this significant achievement.”
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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