NB Global Corporate Income Trust’s A$414 Million Listing


Corrs Chambers Westgarth, has advised on the A$414 million IPO of the NB Global Corporate Income Trust, a managed investment trust listed today on the ASX.

Corrs acted for both Neuberger Berman Australia Pty Ltd, the manager, and Equity Trustees Limited, the responsible entity and issuer, in the Trust’s ASX IPO.

Neuberger Berman is one of the world’s leading private, independent, employee-owned asset management groups and manages more than US$300 billion in client assets (as at 30 June 2018) across a range of strategies, including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds, on behalf of institutions, advisors and individual investors globally.With offices in 20 countries, it has had a presence in Australia since 2007.

The Corrs team was led by Fadi Khoury (Picture), supported by Partner Andrew Lumsden and Lawyers Magan Goh, Madeleine Kulakauskas, Jaclyn Riley-Smith and Tahnee De Souza.

Involved fees earner: Fadi Khoury – Corrs Chambers Westgarth; Andrew Lumsden – Corrs Chambers Westgarth;

Law Firms: Corrs Chambers Westgarth;

Clients: Neuberger Berman;

Author: Michael Patrini