Piper Alderman advised its client, Kelsian Group Limited, Australia’s largest integrated multi-modal transport provider and tourism operator, on the successful refinancing and upsizing of their existing corporate debt facilities. The new unsecured facilities, totalling approximately $1,390 million refinanced the approximately $900 million existing secured facilities.
Piper Alderman has assisted ASX-listed minerals exploration company, Aruma Resources Limited (ASX:AAJ) (Aruma Resources) to acquire a portfolio of copper and uranium exploration assets in tier‑1 mineral precincts in South Australia and Queensland.
Piper Alderman has advised equity investment management business Lanyon RE Services Limited (Lanyon) on a transaction which will have the effect of consolidating two registered managed investment schemes and two unregistered managed investment schemes (Scheme Merger Funds) into one consolidated registered managed investment scheme, being Lanyon Investment Fund (ARSN 670 944 242) (Scheme Merger).
Piper Alderman assisted financial planning and funds management acquisition and roll up business known as The Australian Wealth Advisers Group (AWAG) undertake its Initial Public Offering.
National law firm, Piper Alderman, has advised AQ1 Systems on the sale of its world leading acoustic shrimp and fish feeding technology business to Danish global fish feed company, BioMar.
Piper Alderman was pleased to advise People’s Choice Credit Union (People’s Choice) on its entering into a sales agreement with specialist financial services organisation, Fiducian Group Limited (ASX:FID), under which People’s Choice’s financial planning business, with approximately $1.1bn in funds under advice, will be transferred to Fiducian.