International law firm, Osborne Clarke has today advised AIM quoted oil producer Nighthawk (AIM: HAWK), on the issue of £3.8million (US$5.8 million) unsecured convertible loan notes. Since advising Nighthawk on its admission to AIM in 2007, Osborne Clarke has advised the company on six further fundraisings, with a total value of almost £85 million.

The Osborne Clarke team was headed by Patrick Graves, Partner assisted by Tom Harvey, Associate.

This is the second convertible loan note issue that Patrick has advised on during 2013. In May, Iofina (AIM: IOF), an iodine exploration and production specialist issued a two year $15 million convertible bond to Stena Investments Sarl.