Herbert Smith Freehills is proud to have advised Barrenjoey Markets Pty Limited (Barrenjoey) as underwriter of The Star Entertainment Group Limited’s (The Star) $750 million capital raising, comprising a $589 million 1 for 1.65 pro rata accelerated non-renounceable entitlement offer and a $161 million institutional placement.
The offer was fully underwritten.
The Herbert Smith Freehills team was led by partner Philippa Stone and supported by solicitor David Tilley.
Philippa Stone said, “We are delighted to have acted for Barrenjoey on this important raising for The Star.”
The Star was advised by King & Wood Mallesons.