Our experience
Arnold Bloch Leibler’s Capital Markets practice has earned its position at the premium end of the legal profession by acting on landmark Australian transactions.
Our Capital Markets team is renowned for the quality of our advice and decision making, excellence in execution, and careful management of process and risk.
Our expertise in this area sits alongside our leading ABL Private and Corporate and M&A capability. We have a reputation for advising many of Australia’s most successful businesses from inception, through successive rounds of capital raising, and their entry onto public markets and have a reputation for smooth and effective capital markets activity integrated with, and powering acquisitions, and business and international expansion.
Our Capital Markets expertise and network is grounded in Australia, and yet we have a long history of partnering with clients and guiding their journeys as they access capital markets within and beyond Australia’s borders.
Initial public offerings and pivotal equity raisings are often critical milestones for growing companies. And we have built our practice by achieving cutting edge outcomes on milestone transactions. Our hallmark is that we take a deep personal interest in the success of our clients, and in ‘getting things done’.
Recommended as a leading firm for Equity capital markets
Our work
ME Bank
Advised in respect of Bank of Queensland’s A$1.35 billion capital raising, consisting of an underwritten entitlement offer (to raise A$1.0bn) and an underwritten A$350m institutional placement that facilitated Bank of Queensland’s acquisition of ME Bank.
carsales.com
Advised on its A$600 million equity raise via a pro-rata accelerated institutional tradeable renounceable entitlement offer to fund the acquisition of a 49% stake in US-based digital marketplace business, Trader Interactive
noumi Limited (formerly Freedom Foods)
Advised in relation to all aspects of its highly complex A$265 million recapitalisation, involving a capital raising by way of unlisted, subordinated and secured convertible notes and a senior debt restructure.
LawFinance
Advised on a A$17.2m placement and A$55m debt to equity conversion.
Redcape Hotel Group
Advised on a $247.3 million rights issue, buy-back and delisting from the ASX for Redcape, a leading Australian hospitality group.
Kogan.com
Advised on an oversubscribed $100 million institutional placement for online retailer, Kogan.com.
The Wilson family
Advised on a $600 million equity raising for the Reece Group, Australia’s largest supplier of plumbing and bathroom supplies.
Zip Co
Advised on a $200 million capital raising from US-based growth investor, Heights Capital Management.
Hireup
Advised on a $40 million capital raising for Hireup, an online platform for NDIS participants, as part of its long term-strategic partnership with SEEK Investments.
Palla Pharma
Advised on a $31.1 million capital raising for licenced opiate producer, Palla Pharma.
Neuren Pharmaceuticals
Advised on a $20 million capital raising for Neuren Pharmaceuticals, a biopharmaceutical company that develops drugs for the treatment of neurological disorders.
Superhero
Advised on a $25 million capital raising for online share trading platform, Superhero.
Thorney Technologies
Advised on a $23.4 million capital raising for technology investment company, Thorney Technologies.
Happy Valley Nutrition
Advised on a successful NZ$20 million capital raising for Happy Valley Nutrition, producer and seller of infant milk formula and other nutritional products.
Mosh
Advised on a $10 million capital raising for Mosh, one of Australia’s leading online men’s health clinics.
Votiro Cybersec
Advised on a US$4.6 million capital raising, led by ASX-Senetas Corporation for cybersecurity technology company, Votiro.
Delta Drone International
Advised on a capital raising and an ASX relisting for drone-based data service and technology solutions provider, Delta Drone International.
Hexima Limited
Acted on a private placement, public offer, share sale facility and ASX listing for biotechnology company, Hexima.
Capital Markets services
We advise clients on capital markets transactions that transform their businesses. Our services include:
- Public listings
- Capital raisings, and
- ASX listing rules advice.
People
Insights & news
News Media mention
carsales to acquire remaining 51% of US-based Trader Interactive for $1.17 billion, supported by ‘largest equity raising this year’
As reported extensively across the media in recent days, longstanding Arnold Bloch Leibler client carsales.com Limited will acquire the remaining 51 per cent of US commercial trucks and RVs listing business Trader Interactive for $US809 million ($1.17 billion).
29 June 2022
News Media mention
Humm investor requests share register; proxy battle on horizon
Arnold Bloch Leibler partner Jeremy Leibler has been referenced in AFR’s Street Talk following rumours of trouble brewing in financial services company Latitude’s bid to acquire Humm Group’s consumer finance business.
16 May 2022
News Media release
Arnold Bloch Leibler voted Australia’s ‘Law firm of the Year’ in two practice areas
Covering the annual results in today’s AFR, legal editor Michael Pelly notes that Arnold Bloch Leibler was the only firm with fewer than 90 partners (we currently have 43 partners) to win more than one category. He quotes managing partner Henry Lanzer AM saying that tax and insolvency “embody the essence” of the firm, singling out practice leaders Mark Leibler AC and Leon Zwier.
21 April 2022
News Media release
Arnold Bloch Leibler acts on capital raising for Australian child care search platform
Arnold Bloch Leibler has acted for Care for Kids, Australia’s leading child care search platform, on its recent capital raising.
4 March 2022
News Media release
ABL acts for Zip on $491m acquisition and latest capital raising
Arnold Bloch Leibler has acted for ASX-listed Zip Co Limited (Zip) on its agreement to acquire US-based buy-now-pay-later (BNPL) provider, Sezzle.
28 February 2022
News Media release
Legal 500 Asia Pacific results 2022
Arnold Bloch Leibler (ABL) has been listed across a number of categories in the 2022 edition of the independent Legal 500 Asia Pacific guide.
17 January 2022
Insights Media mention
Time to axe the 50-shareholder threshold
In an opinion article published in today’s AFR, partner Jeremy Lanzer argues that with all the debate taking place around raising the wealth threshold for differentiating sophisticated from retail investors, “the next logical step would be to abolish the equally dated, arbitrary and investment-smothering ’50-member rule’”.
8 November 2021
News Media mention
ABL advises on $1.68 bn ASX listed pub property acquisition
As reported in The Australian and the AFR, a cross-practice team, led by corporate and M&A partners Jeremy Leibler and Scott Phillips, has advised a consortium comprising Charter Hall Long WALE REIT and superfund Hostplus on its $1.68 billion cash and scrip buyout proposal of one of Australia’s biggest freehold pub property owners, ALE Property Group.
21 September 2021
News Media release
ABL advises Neuren Pharmaceuticals on $20m capital raising
Arnold Bloch Leibler has advised ASX-listed Neuren Pharmaceuticals (Neuren) on its latest capital raising.
17 September 2021
News Media release
Arnold Bloch Leibler advises Redcape on ASX delisting
Arnold Bloch Leibler has advised leading Australian hospitality group, Redcape Hotel Group, on its delisting from the ASX.
20 August 2021
News Media release
ABL advises on sale of Ferocia to Bendigo and Adelaide Bank
Arnold Bloch Leibler has advised Melbourne-based fintech, Ferocia Pty Ltd, and its co-founders, Dominic Pym and Grant Thomas, on the sale of Ferocia to Bendigo and Adelaide Bank.
17 August 2021
News Media release
ABL acts for Hireup on major fundraising and strategic partnership with SEEK Investments
Arnold Bloch Leibler has advised Hireup on its $40 million capital raising as part of a long-term strategic partnership with SEEK Investments.
16 August 2021
News Media release
ABL acts for Coverforce on $411.5m sale to Steadfast Group
Arnold Bloch Leibler has acted for one of Australia’s largest privately owned insurance brokers, Coverforce, in relation to its $411.5m sale to ASX-listed general insurance business, Steadfast Group.
16 August 2021
News Article
Q&A with new partner Rebecca Zwier
Newly appointed corporate and M&A partner Rebecca Zwier describes her path to partnership and how she approaches M&A transactions across diverse sectors of the economy.
6 August 2021
News Media release
Arnold Bloch Leibler acts on capital raising for Australian digital clinic Mosh
Arnold Bloch Leibler has acted for Mosh, one of Australia’s leading online men’s health clinics, on its recent $10 million capital raising.
20 July 2021
News Media release
ABL advises Thorney Technologies on $25.3m capital raising
Arnold Bloch Leibler has advised ASX-listed technology investment company Thorney Technologies (ASX: TEK) on its latest capital raising.
8 July 2021
News Media release
ABL acts for cybersecurity expert Votiro on its latest capital raising
Arnold Bloch Leibler has acted for Votiro Cybersec, a global leader in cybersecurity technology, in connection with its latest capital raising.
28 June 2021
News Media mention
Rogue short-selling activists must be brought to account
In an opinion article published in The Australian newspaper, partner Jeremy Lanzer describes a new Information Statement issued by ASIC as "a welcome first foray for ASIC and a likely precursor to a changed attitude to regulating activist short sellers.”
3 June 2021
News Media mention
Proxy advisers have “outsized, perverse impact” on Australian market
In today’s AFR, partner Jeremy Leibler explains why Arnold Bloch Leibler has been arguing for years that Australia needs to regulate the proxy adviser industry.
31 May 2021
News Media release
Carsales expands US presence with the acquisition of Trader Interactive
Arnold Bloch Leibler has advised ASX-listed online automotive classifieds business carsales.com on its acquisition of a 49 percent stake in US-based digital marketplace business, Trader Interactive.
12 May 2021
Insights Media mention
Aboriginal lawyers making their mark in Victoria
In the April edition of the Law Institute Journal partner Peter Seidel and lawyer Karri Walker give their insights into what commercial law firms can do to attract increasing numbers of Aboriginal lawyers.
12 April 2021
News Media release
ABL acts for ME Bank on its $1.325bn sale to BOQ
A multi-disciplinary team of Arnold Bloch Leibler (ABL) lawyers has advised ME Bank on its $1.325 billion sale to the Bank of Queensland.
23 February 2021
News Media release
ABL acts for ASX-listed Happy Valley Nutrition on its NZ$20m capital raising
Arnold Bloch Leibler has acted for ASX-listed Happy Valley Nutrition Limited (ASX:HVM) on its successful NZ$20m capital raising, comprising a private placement of convertible notes to new and existing institutional and sophisticated investors and a senior debt facility.
19 February 2021
News Media release
ABL advises OneVentures on its latest venture credit investment
Arnold Bloch Leibler has advised OneVentures, one of Australia’s leading venture capital firms, in connection with its latest venture capital investment in digital debt collection agency, InDebted.
15 February 2021
News Media release
2021 Legal 500 Asia Pacific results
Arnold Bloch Leibler (ABL) has been listed across a number of categories in the 2021 edition of the independent Legal 500 Asia Pacific guide.
19 January 2021
News Media release
ABL advises Zip Co on oversubscribed $150m capital raising
Arnold Bloch Leibler has acted for ASX-listed Zip Co Limited on its oversubscribed $120 million placement to institutional shareholders, and its $30 million share purchase plan offer to existing eligible shareholders.
18 December 2020
News Media release
Arnold Bloch Leibler features in 2021 Chambers Asia Pacific guide
Arnold Bloch Leibler has once again been recognised as a leading firm by the independent legal guide Chambers Asia Pacific.
16 December 2020
News Media mention
Caught in a bear trap: How “short and distort” attacks are costing Australian investors billions
In a feature article published in today’s AGE and Sydney Morning Herald, partner Leon Zwier provides insights into an emerging, more aggressive form of short-selling practiced by a group of largely foreign-based research houses, dubbed the “short and distort gang”.
7 December 2020
News Media release
ABL acts for Thorney Technologies on $37m capital raising
Arnold Bloch Leibler has advised ASX-listed technology investment company Thorney Technologies (ASX: TEK) on its latest $37 million capital raising, as announced to the ASX this week.
13 November 2020
News Media mention
Retail trailblazers say customer “obsession” is the magic ingredient
The founders of three of Australia’s most successful retail business – Zip Co, MECCA Brands and Kogan.com – agree that, while most retailers genuinely believe they put the customer first, their businesses are not geared up to do it effectively.
10 November 2020
News Media release
ABL advises Zip Co on acquisition of fashion search engine ‘the Urge’
Arnold Bloch Leibler has acted for ASX-listed Zip Co Limited on its acquisition of Sydney-based technology company and fashion search engine, ‘the Urge’.
28 October 2020
News Media mention
Why aren't boards listening anymore?
In an opinion article published in today’s AFR, partner Jeremy Leibler argues that the arrogance displayed by the board of AMP reflects a pervasive problem of culture across corporate Australia, and that the overarching cause (and symptom) is the refusal of boards to seriously consider the views of their major shareholders until it is too late.
15 September 2020
News Media release
ABL a finalist for Commercial Team of the Year 2020
Nominated for our work on transformative cross-border transactions straddling old and new economy sectors, our Corporate and M&A team has been announced a finalist in this year’s Australian Law Awards, in the category of Commercial Team of the Year.
15 July 2020
Insights Article
Newly appointed Senior Associate Vidushee Deora on market trends
We asked newly promoted Arnold Bloch Leibler Senior Associate, Vidushee Deora, about her predicted trends in the corporate and M&A space for the next 12 months.
8 July 2020
Insights Article
Q&A with new Partner Gavin Hammerschlag
Newly appointed Corporate and M&A Partner, Gavin Hammerschlag, gives an insight into his background, his practice and how ABL has evolved as a firm.
1 July 2020
News Media mention
New partner Gavin Hammerschlag brings “an entrepreneurial spirit” to the law
Featured in the latest Australian Financial Review Law Partnership Survey as one of the youngest partner appointments this year, Gavin explains why he chose the law rather than following in his father’s footsteps into business.
25 June 2020
News Media release
2020 Partner, Special Counsel and Senior Associate announcement
The partners of Arnold Bloch Leibler are delighted to announce this year’s Partner, Special Counsel and Senior Associate appointments, effective July 2020.
25 June 2020
News Media release
ABL acts for Kogan.com on $100m capital raising
Arnold Bloch Leibler has advised online retailer, Kogan.com, on an oversubscribed $100 million institutional placement. Additionally, Kogan.com expects to raise a further $15 million via a share purchase plan to existing eligible shareholders.
10 June 2020
News Media release
ABL helps Zip Co accelerate global expansion plans with US deals
Arnold Bloch Leibler has advised ASX listed Zip Co Limited on two transactions announced this week that will see the buy-now-pay-later (BNPL) giant expand into the US market.
3 June 2020
News Media release
Welcome changes around continuous disclosure
Lead Commercial Partner Jonathan Wenig has welcomed the Treasurer’s announcement of temporary changes to continuous disclosure provisions for companies and officers to enable them to more confidently provide guidance to the market during the coronavirus crisis.
26 May 2020
News Media mention
COVID-19 will change the way directors see their duties
In an opinion piece for the Australian Financial Review, partner Jonathan Wenig argues that the experience of COVID-19 will transform how directors conceive and comply with their duties.
27 April 2020
News Media release
ABL advises Wilson family on Reece’s $600m equity raising
Arnold Bloch Leibler has advised the Wilson family in relation to ASX-listed Reece Group’s $600 million equity raising, comprising a fully underwritten $232 million accelerated pro rata non-renounceable Entitlement Offer, a fully underwritten $368 million Institutional Placement, and a non-underwritten Share Purchase Plan.
8 April 2020
News Media mention
ASX must update guidance on disclosure obligations
In an article published in today’s Age and Sydney Morning Herald, partner Jonathan Wenig argues that in responding to extraordinary uncertainty in the age of COVID-19, boards have been quick to withdraw guidance, blame the virus and wait for the economic carnage to unfold.
1 April 2020
News Media mention
Reform urgently needed to keep capital flowing
While the Australian Government's early response to the nation's cascading economic crisis has naturally targeted debt and insolvency, partners Jeremy Lanzer and Jason van Grieken argue that policymakers and regulators need to swiftly turn their attention to equity if we are to avoid seeing quality listed companies miss the chance to raise life-or-death capital.
27 March 2020
News Media release
ABL acts for Karoon Energy in $284m equity raising
Arnold Bloch Leibler (ABL) has acted for international oil and gas exploration company Karoon Energy on a fully underwritten equity raising of $284 million.
6 November 2019
News Media release
ABL advises Palla Pharma on $31.1m capital raising
Arnold Bloch Leibler (ABL) has advised ASX-listed Palla Pharma on its $31.1 million fully underwritten capital raising, comprising an $8.4 million placement to institutional investors and an accelerated non-renounceable entitlement offer to raise $22.7 million from institutional and retail investors.
1 November 2019
News Media release
ABL advises Square Peg Capital on $22m investment in quantum computing start up, Q-CTRL
Arnold Bloch Leibler has advised tech venture capital firm, Square Peg Capital on its lead investment into Q-CTRL’s Series A (US$15 million) funding round.
11 September 2019
News Media release
ABL advises ASX-listed Probiotec on sale of Celebrity Slim brand
Arnold Bloch Leibler has advised long-standing client, ASX-listed Probiotec Limited, on the sale of its Celebrity Slim brand, intellectual property and business assets to Global Brands Australia.
29 August 2019
News Media release
ABL advises Zip on acquisition of global ‘buy now, pay later’ provider
Arnold Bloch Leibler has acted for ASX listed Zip Co Limited on its agreement to acquire 100% of the shares in global installment technology platform, PartPay Limited.
21 August 2019
News Media release
ABL advises Nufarm Limited on $97.5m placement of preference securities
A multi-disciplinary team has advised ASX listed Nufarm Limited on the placement of $97.5 million of preference securities to existing shareholder and strategic business partner, Sumitomo Chemical Company Limited.
1 August 2019
Insights Article
New partner Jason van Grieken on market trends
We spoke with newly appointed Corporate and commercial partner Jason van Grieken about the top market trends that will affect his clients in the next year.
3 July 2019
News Media release
2019 Partner, Special Counsel and Senior Associate announcement
The partners of Arnold Bloch Leibler are delighted to announce this year’s Partner, Special Counsel and Senior Associate appointments, effective July 2019.
28 June 2019
News Media release
2020 Best Lawyers® International results
A total of 32 Arnold Bloch Leibler (ABL) lawyers across 24 areas of legal practice have been recognised in this year’s Best Lawyers® International list for Australia.
22 March 2019
News Media release
ABL acts for Zip Co Limited on its $47.8m capital raising
Arnold Bloch Leibler (ABL) has acted for ASX listed Zip Co Limited (ASX:Z1P) on its $47.8 million capital raising, comprising a $42.8 million private placement to sophisticated and professional investors and a $5 million share purchase plan offer to existing shareholders.
15 March 2019
News Media release
The Legal 500 Asia Pacific results 2019
Arnold Bloch Leibler (ABL) has been ranked across a number categories in the 2019 edition of the independent Legal 500 Asia Pacific guide.
25 January 2019
News Media mention
Time for Australia’s Listing Rules to change
In an opinion article published in today’s Australian newspaper, senior associate Scott Phillips writes that giving shareholders a greater say in significant transactions could deliver better outcomes.
7 December 2018
News Media release
Arnold Bloch Leibler listed in Chambers Asia Pacific 2019
Arnold Bloch Leibler (ABL) has received 22 individual lawyer rankings in the Asia Pacific guide of 2019 international legal directory Chambers and Partners.
3 December 2018
News Media release
ASX-listed Nufarm announces $303 million entitlement offer
Arnold Bloch Leibler has recently acted for Nufarm Limited on its $303 million equity raising to strengthen the company’s balance sheet and provide capital for future projects and acquisition opportunities.
3 October 2018
News Media mention
Teething problems as blockchain finds its feet
In an opinion article published in today’s Australian newspaper, commercial partner Michael Dodge explains that if blockchain technology is to realise its dazzling potential, some fundamental issues need to be addressed.
17 September 2018
Insights Publication
Australian Guide to Corporate Governance 2018
Partners Jonathan Wenig and Jeremy Lanzer have written the exclusive Australian chapter in a global guide to corporate governance.
2 August 2018
Insights Formal submission
Good corporate governance not a “one-size-fits-all”
In response to the ASX’s consultation relating to proposed changes to the Corporate Governance Principles and Recommendations, Arnold Bloch Leibler contends that directors who are not affiliated with management should be considered independent, unless particular circumstances suggest otherwise.
26 July 2018
Insights Media mention
Shareholder activism in Asia
While the style of business in Asia has been considered ill-suited to activism, Arnold Bloch Leibler Partner Jonathan Wenig has told Financier Worldwide Magazine that we are seeing “a significant shift in attitude".
19 July 2018
News Media release
Finalist for Commercial Team of the Year - Australian Law Awards
Arnold Bloch Leibler is pleased to have been selected as a finalist in the 'Commercial Team of the Year' category at the 2018 Australian Law Awards.
12 July 2018
Insights Article
5 minutes with newly appointed Partner Jeremy
Newly appointed Corporate and M&A Partner, Jeremy Lanzer, gives an insight into his background, key market trends and what he sees as the unique ABL difference.
3 July 2018
News Media release
ABL announces 2018 Partner and Senior Associate appointments
Arnold Bloch Leibler is delighted to announce the appointment of two Partners and three Senior Associates, effective from 1 July 2018.
21 June 2018
News Media release
ABL advises Nufarm on US$475m debt raising
Arnold Bloch Leibler has advised Australia’s largest manufacturer of crop protection products, Nufarm Limited, on its Offering of Senior Unsecured Notes to qualified institutional buyers in the United States.
20 April 2018
News Media release
Jeremy Leibler appointed to Takeovers Panel
Corporate & Commercial Partner Jeremy Leibler has been appointed to the Australian Government’s Takeovers Panel for a three-year term commencing 30 April 2018.
3 April 2018
News Media mention
Panellists pull no punches on activism at 2018 ASIC Forum
Participating in a panel discussion at this year’s annual forum of the Australian Securities and Investments Commission, partner Jeremy Leibler said directors engage with shareholder activists too readily for the wrong reasons.
20 March 2018
News Media mention
Small pool of NEDs fuels shareholder activism
Partner Jeremy Leibler told delegates at the Australian Institute of Company Directors' annual Australian Governance Summit that boards in this country are tempted to engage with activists too early because of the potential impact on directors’ reputations.
13 March 2018
News Media release
ABL advises listed Thorney Opportunities on successful capital raising
Arnold Bloch Leibler has acted for ASX-listed Thorney Opportunities on the company’s recent capital raising by way of private placement and share purchase plan.
15 February 2018
News Media release
Successful activist campaign sees Gary Weiss and Brad Richmond invited onto Ardent board
4 September 2017