A global firm showcased its national and regional capabilities as it helped in the complex restructure of a Western Australia-based uranium producer.
King & Wood Mallesons (KWM) advised Paladin Energy and its administrator, KPMG, on the companys balance sheet restructure. KWM provided English law, Hong Kong law, and Australian law advice. It also coordinated local counsel in Canada, Namibia, Malawi, and Singapore.
The seven-month administration closed with a US$700m debt-for-equity swap via a deed-of-company arrangement and a court-approved s444GA share transfer, the global firm said.
There were multiple attempts at a solvent balance sheet structure, KWM said. The process was additionally comp…
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