Baker McKenzie acted as Australian legal counsel to JP Morgan Securities Australia Limited, as sole lead manager of a fully underwritten A$125 million institutional placement by Credit Corp Group Limited and a A$10 million non-underwritten share purchase plan.

Baker McKenzie's head of equity markets and a lead partner on the transaction, Craig Andrade stated: "We were delighted to act for our client, JP Morgan, as lead manager and underwriter on this capital raising which will provide enhanced financial capacity for Credit Corp to accelerate the strategic expansion of its debt purchasing and collecting business in the United States." 

Craig was assisted by Baker McKenzie lawyer, Matthew De Cataldo.

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