Shannon Finch is a partner in the Mergers & Acquisitions and Capital Markets team.
She is recognised as a leading lawyer in Mergers & Acquisitions, Corporate Law, Equity Capital Markets, Corporate/Governance Practices and High Yield Products by Best Lawyers International, in Equity Capital Markets in Chambers Global, Asia Pacific Legal 500; PLC Which Lawyer Handbook; PLC Cross Border Capital Markets Handbook; PLC Global Counsel 3000 and IFLR 1000.
Shannon won the 2013 Euromoney Australasian Women in Business Award for Capital Markets.
Chambers Global Guide 2013 comments that "Shannon Finch is a fantastic capital markets lawyer who is publicly acknowledged by her peers and by several regulatory bodies".
Shannon is also a member of the Corporations Committee of the Law Council of Australia, consults to the Commonwealth Treasury on capital markets reforms to the Corporations Act and was a contributor to the Australian Securitisation Forum report "Out on a limb? Domestic fixed income assets in Australia (2012)".
Shannon is a guest-lecturer on securities and disclosure laws at the University of Sydney and University of NSW. She is regular speaker at Equity Capital Markets, Global M&A, Hybrids, Directors Duties and Securities Law conferences.
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- RHG merger by scheme with Resimac, with public competing bid from Pepper
- Steadfast Group restructure, rollup acquisitions and IPO
- Proposed Bis Industries IPO
- Fonterra IPO (Aust / NZ)
- Mighty River Power IPO (Aust / NZ)
- CBA hybrids - Tier 1 PERLS, PERLS III, PERLS VI and PERLS IV reinvestment, CBA/ABS Tier 2 (variously for underwriters, structuring counsel and issuer)
- Spark Infrastructure rights issue (as part of broader restructure) and subsequent internalisation of external manager
- IAG hybrids series - Tier 1 RPS, RPS2, RES, RES restructure, CPS and Tier 2
- Alinta Energy multi track deleveraging
- Consolidated Minerals hostile takeover by Palmary, with contested bids by Pallinghurst
- Infigen restructure and IPO
- IAG acquisition of CGU, with related multi strand fundraisings
- RHG dual track trade sale and IPO
- Sydney Airport Privatisation.
Broader transactional experience, by practice area
- Numerous accelerated rights issues, traditional rights issues, lo-doc rights issues, placements and IPO's including: Steadfast IPO, Nine IPO, Pact Group IPO, McAleese IPO, proposed Bis Industries IPO, proposed Stirling IPO, Phoenix Gold rights issue; Bathurst Resources capital raising; Fonterra IPO; Mighty River IPO; Echo Entertainment AREO capital raising; Bradken PAITREO capital raising; COFIBred block trade of BOQ stake; Catalpa AREO capital raising; Origin PAITREO rights issue for NSW Electricity acquisition; AJ Lucas placement, rights issue and mezzanine financing; Whitehaven Coal block trade; BT Investment Management rights issue; Spark Infrastructure rights issue; Fairfax Trade-Me IPO; Aston Resources IPO; Infigen conditional placement; Campbell Brothers rights issue; Macquarie Media Group recapitalisation; Goodman Group rights issue; Mirvac rights issue; QBE placement; AJ Lucas acquisition fundraising for Mitchell Drilling acquisition; BBWP (now Infigen) restructure and IPO; RHG IPO; Talium Lithium proposed IPO; DEXUS placement; CBA VWAP placement; Alumina AREOs; Tishman Speyer placement; Tishman Speyer IPO; IAG multi-tranche acquisition capital raising for CGU acquisition
- Convertible bond, hybrid securities and retail bond offers, including: CBA/ABS Tier 2; IAG Tier 2; Suncorp CPS; CBA PERLS IV reinvestment and PERLS VI; Beach Energy convertible bond and rights issue; IAG CPS and RPS1 Rollover and Buy-back; CBA Retail Bond; Origin subordinated notes; AGL subordinated notes; Origin offshore subordinated notes; Commonwealth Property Office convertible bond and equity placement; IAG RES restructure; IAG RPS2 buy-back; IAG RES, CBA PERLS II and III, IAG RPS 1 and RPS2; Sydney Airport FLIERS restructure and Skies issue, Alumina convertible bond, ANZ StEPS, ANZ Upper Tier 2 capital, Graincorp hybrid
- Other capital management initiatives, such as buy-backs, dividend reinvestment plans, share purchase plans and sale facilities, including for: IAG, Transpacific Industries, CBA, ANZ, and AMP.
- Adviser to a number of boards and companies on continuous disclosure matters; directors duties, including in relation to shareholder activism, takeovers approaches, competing bids; no-talks / no-shops, nominee directors, conflicts and independent board committees, continuous disclosure issues, and director rotation and remuneration issues; annual general meetings and extraordinary general meetings; and liaison with ASX, ASIC and FIRB.
Restructures, internalisations and distress deals
- Living and Leisure Australia recapitalisation, including underwritten rights issue and mezzanine finance acquisition; advising on subsequent sale
- Alinta Energy - multi-track deleveraging project, including trade sale, equity raising, spin-off and debt for equity swap (loan to own)
- Spark Infrastructure - restructure and internalisation of previously external management structure
- Alinta Energy - EGM for its restructure of its financial indebtedness to BBIG
- Infigen - separation from Babcock & Brown and internalisation of manager function(acting for Infigen).
- Privatisations and government work: Sydney Airport privatisation, including competitive bid process and due diligence; Hancock acquisition/licensing of Victorian Plantations; consortium bid for National Transmission Network; general corporate work for ACTEW, Australian Sports Commission and Australian National University
- Public takeovers and schemes, including: RHG merger scheme with Resimac, and competitive bids from Pepper; Alinta multi-track process, including scheme of arrangement; QBE public approach to IAG; Palmary contested takeover of Consolidated Minerals; merger scheme for Australian Financial Planners Association; Cabcharge takeover of Combined Communications; advisory roles on foreign takeovers, including Mannesman takeover of Vodaphone, CMG plc takeover of Admiral plc, RWE AG takeover of Thames Water, the National Power plc demerger and the Anglian Water plc reorganisation
- Private equity and private M&A transactions, including: Steadfast rollup acquisitions, as part of IPO, and subsequent bolt-on acquisitions and equity stakes; Costa (PE JV) bolt-on acquisition of Adelaide Mushrooms; PE bid for Tegel, in a competitive trade sale bid process; restructure and PE joint venture investment in Costa Group; Alinta competitive trade sale process (multi track); RAMS Home Loans competitive trade sale process (dual track); public approach by PE consortium to Nufarm; BIS cleanaway refinancing; Macquarie Infrastructure acquisition of European infrastructure assets of Kvaerner plc, and Pacific Energy Limited partnering; CGE buy-out of Wyuna Water; Colfax Corporation acquisition of Warner Electric; Assa Abloy acquisition of Chubb from Williams plc and onsale to Gunnebo AG.
- Various pieces of corporate litigation, including: Various corporate continuous disclosure investigations; Elkington v Costa Exchange Holdings (greenmail / squeeze out challenge); AJ Lucas cleansing notice application; Hughes Aircraft Corporation ats Airservices (government tender processes); Bristol Myer Squibb class action (product liability - silicone implants); Sandahl vs Lees & ors (Phillipine gold mining investment); ICI (nor Orica) ats Kanak (vexatious litigant claims); Individual Homes (liq) ats Martin (insolvency); Paul Morgan Securities ats SS Transport Agency Group (contested statutory demands).
- Law Council of Australia - Corporations Committee
- Australian Institute of Company Directors
- Treasury Roundtable - Retail Debt
- ASF Fixed Income Project Steering Committee
- Women on Boards.
- 2012 - 2014: Partner in Charge - Sydney, King & Wood Mallesons
- 2010: Partner in Charge - Sydney, Mallesons Stephen Jaques
- 2004: Partner, Mallesons Stephen Jaques (Sydney)
- 2001: Admitted in England and Wales
- 1999 - 2003: Senior Associate, Mallesons Stephen Jaques (London; Sydney)
- 1994 - 1998: Mallesons Stephen Jaques (Canberra; Sydney)
- 1995: Admitted in New South Wales and the Australian Capital Territory
- 1992 - 1994: Commonwealth Attorney-General's Department - Office of Legislative Drafting, Office of General Counsel; Corporations Law Simplification Unit
- 1994: Bachelor of Laws (1st class Honours), Australian National University
- 1992: Bachelor of Arts (1st class Honours), Australian National University.