The ASX Listing Guide has been updated to reflect new listing rules.

Directions in Equity Capital Markets presents the developments and issues shaping ECM in Australia.

Equity Capital Markets

With a significant presence throughout Australasia, Hong Kong and London, our equity capital markets team is at the forefront of the capital markets in the Asia Pacific and globally. Our team is highly respected, having been involved in innovative and leading transactions, acting for issuers on initial public offerings (IPOs), secondary market capital raisings, and for underwriters and lead managers on underwritings and offer structuring.

We have advised on some of the best known equity capital markets transactions in Australasia. Our experience and expertise includes listings on ASX, HKSE, LSE and AIM, global and domestic IPOs (including dual track processes and exits by private equity investors), entitlement offers, rights issues, placements and other secondary offers, secondary sales and block trades, share purchase plans, dividend reinvestment plans, as well as convertible and exchangeable notes and bonds and hybrid debt/equity securities.

Through our substantial transaction experience involving multiple jurisdictions, we have developed a reputation for ensuring compliance with applicable foreign securities law requirements.

Simplify Medical Pty Limited's fifth capital raising

Advised Simplify Medical Pty Limited, the Australian holding company of Simplify Medical, Inc on its fifth capital raising. Simplify Medical is a San Francisco Bay Area-based medical device company focused on the design, development and clinical testing of the most advanced cervical artificial disc for use in the spine.

Yancoal internal restructure and US$900m debt raising

Acting for the independent board committee of Yancoal Australia Limited on Yancoal's internal restructure which included the issuance of US $950 million of secured debt bonds to a consortium of financiers comprising Industrial Bank Co. Ltd, BOCI Financial Products Limited (a wholly-owned subsidiary of Bank of China Limited) and United NSW Energy Limited (a subsidiary of Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd), the transfer of mining assets and operations to new entity structured in a manner that deconsolidated the assets and the entry into management and other agreements to support the new entity.

Elders Limited $102.4 million capital raising

Advised Elders Limited in relation to its $102.4 million underwritten placement and non-renounceable rights issue for the on-market acquisition of all non-controlled ELDPA Hybrids.

Tegel completes IPO and dual listing on NZX and ASX

MinterEllison and Minter Ellison Rudd Watts advised Tegel Group Holdings Limited on its initial public offering and associated listing on NZX and on ASX (as a foreign exempt listing).

ApplyDirect Limited IPO

Acted for emerging e-recruitment company ApplyDirect Limited on its initial public offering and $33 million ASX listing.