Ogier advises Randgold Resources Limited on its US $331,005,938 Global Offering

Ogier has advised Randgold Resources Limited, the Nasdaq and London Stock Exchange listed gold mining and exploration business, on its recent global offering of up to 5,750,000 new ordinary shares, in the form of Ordinary Shares or American Depositary Shares which raised US$331,005,938 for the company.

Ogier advised Randgold Resources Limited on all aspects of Jersey law throughout the transaction and worked in conjunction with Ashurst LLP, Fullbright & Jaworski LLP and Cleary Gottlieb Steen & Hamilton LLP. HSBC Bank plc acted as financial advisor, sole global coordinator, and together with Merrill Lynch International joint bookrunner and joint underwriter.

The Ogier team was led by partner and Head of Corporate and Commercial Marc Yates. Commenting on the transaction, Marc said “We are delighted to have again assisted Randgold Resources Limited on its global offering which will enable the company to continue with its growth strategy, and develop its projects.”