Herbert Smith Freehills Kramer advises Light & Wonder, Inc. on its transition to sole primary ASX listing

Herbert Smith Freehills Kramer (HSF Kramer) is proud to be advising Light & Wonder, Inc. on its transition to a sole primary listing on the ASX.

Light & Wonder is currently dual listed on Nasdaq and ASX and has a market capitalisation of approximately US$7.6 billion.

The HSF Kramer team is led by partners Michael Ziegelaar and Alex Mackinnon, and supported by Ling Zhu. The HSF Kramer team previously advised Light & Wonder on its secondary listing on ASX in 2023.

This is the latest example of HSF Kramer’s market-leading work in equity capital markets. Other examples include advising:

• the Joint Lead Managers to Xero Limited’s placement and share purchase plan to raise up to ~A$2.05 billion
• Bank of America, Barrenjoey and Canaccord as joint lead managers on the redomiciliation and IPO of Greatland Resources Limited for a market capitalisation of A$4.9 billion, comprising a A$50 million primary raise and A$440 million selldown by existing shareholders.
• GemLife on its A$750 million IPO and ASX listing
• MA Financial Group Limited in relation to the successful $330m IPO and ASX listing of the MA Credit Income Trust
• Chemist Warehouse on its A$34 billion merger with Sigma Healthcare
• Vitrafy Life Sciences on its successful A$117.5 million IPO