Cases & Deals

Orocobre Limited secures AUD$361 million funding through private placement and underwritten accelerated entitlement offer

Clients Orocobre Limited

Jones Day represented Orocobre Limited, a leading lithium chemicals producer, in connection with its AUD$361 million capital raising, comprising of a AUD$282 million private placement to Toyota Tsusho Corporation and an underwritten entitlement offer raising AUD$79 million. The entitlement offer consists of an accelerated institutional entitlement offer and a retail entitlement offer that gives eligible retail shareholders the opportunity to trade their retail entitlements on the ASX.

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