KWM advises Suncorp on $300 million Capital Notes Offer

AU | EN
Current site :    AU   |   EN
Australia
Belgium
China
China Hong Kong SAR
Germany
Italy
Japan
Singapore
Spain
UAE
United Kingdom
United States
Global

King & Wood Mallesons (KWM) is advising Suncorp Group Limited (Suncorp) on its new Capital Notes Offer, for AU$300 million with the ability to raise more or less.

The Suncorp Capital Notes are being issued under a trust deed, in order to raise Eligible Additional Tier 1 Capital which will be used to fund the capital needs of one or more regulated entities within the Suncorp Group.

The KWM team was led by Partners Evie Bruce and Ian Paterson, with support provided by Senior Associates Andrew Fei and Shabarika Ajitkumar, and Solicitors Luke Mulcahy and John Arthur.

Evie Bruce said: "We are proud to support our long-standing client Suncorp on this strategic transaction, which will strengthen the group's capital position."