Herbert Smith Freehills advises WorleyParsons on A$322 million entitlement offer to fund its acquisition of AFW UK Oil & Gas
Herbert Smith Freehills is delighted to have advised WorleyParsons Limited (WorleyParsons) on its A$322 million underwritten 1 for 10 pro rata, accelerated non-renounceable entitlement offer of shares in WorleyParsons (Shares), announced to the ASX on 9 October 2017 (Offer).The Offer consists of an accelerated institutional rights issue and a retail rights issue, at an issue price of A$13.00 per new Share.