Login
BSP Financial lists on ASX
Global law firm Ashurst has advised BSP Financial Group on its official listing on the Australian Securities Exchange (ASX).
Emma Musgrave
Firm: Ashurst (BSP Financial Group).
Value: Undisclosed.
Area: Corporate.
Key players: The Ashurst team was led by partners Murray Wheater and Richard Flynn, who were assisted by senior associates Dillon Fuzi, Kingsford Wamp, lawyers Will Robertson, Oscar Berry, Ray Cheng, and trainee Leon Warren.
Deal significance: BSP Financial is a PNGX-listed company formerly known as Bank of South Pacific Limited. It is the largest financial services company located in the South Pacific.
“Ashurst advised BSP in connection with all aspects of its ASX listing including securities regulation advice, fundraising advice and corporate governance arrangements,” a statement from Ashurst noted.
“BSP commenced trading on the ASX on Tuesday, 25 May 2021 under the ticker code ‘BFL’ and has a market capitalisation of over A$2 billion on the PNGX. BSP’s ASX-listing will provide a new source of equity capital to accelerate growth of its business, along with a new market and improved liquidity.”
Partners Mr Flynn and Mr Wheater added: “We are proud to have advised longstanding client BSP on its listing on ASX, which will give it access to Australia's deep capital markets and growth opportunities.”
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.
Email Emma on:
