King & Wood Mallesons has acted as Australian legal adviser to Northern Star Resources Limited on its successful offering of US$600 million senior guaranteed notes.
Due in April 2033, the Notes were issued by Northern Star and will be guaranteed by certain wholly-owned subsidiaries. The proceeds from the offering will be used for general corporate purposes, including capital expenditures.
The team was led by Mergers & Acquisitions Partner, Antonella Pacitti, supported by Senior Associate, Jacob Carmody, and Solicitor, Tom Carmody. KWM’s Debt Capital Markets team advised on Australian debt aspects of the transaction, and the team comprised Yuen-Yee Cho, Partner, Dan Flanagan, Partner, Sachin Kinger, Solicitor and Brogan Garrod, Solicitor. Specialist input was also provided by KWM’s Tax, Projects and Dispute Resolution teams.
Commenting on the transaction, Antonella Pacitti, said:
“It has been a pleasure working with our market leading Debt Capital Markets colleagues, and the broader KWM team, to assist Northern Star on another milestone transaction. It is always a delight to support the talented Northern Star team and we are especially thrilled to have been involved in the Company’s inaugural US notes offering.”
Northern Star announced the successful closing of the offering on 12 April 2023.
