Hogan Lovells London-based corporate team has advised JP Morgan Cazenove in connection with their placing of 30,000,000 existing ordinary shares in Regus plc, in a deal worth £73.5 million.
The existing ordinary shares were held indirectly by the current CEO of Regus plc, Mark Dixon, who continues to be a significant shareholder in Regus plc and now holds 31.4% of Regus plc's ordinary shares.
Herbert Smith Freehills has advised China Merchants Bank on the update of its US$5 billion MTN program and on a US$500 million bond issuance under the program.
The MTN program and bonds are listed on the Hong Kong Stock Exchange. The 144A/Reg S US-dollar senior bonds have a coupon of 2.375% and mature in three years.
Gleiss Lutz has advised Goldman Sachs as shareholder of windeln.de, an online retailer of baby items, on windeln.de’s IPO. Based on the issue price for the shares offered as part of the IPO, the total offer volume amounted to approx. € 211 million.
Slaughter and May, working as part of an integrated team with Cravath, Swaine & Moore LLP, advised INEOS Finance plc on its offering of EUR770 million 4% senior secured notes. The proceeds of the offering were used to redeem in full INEOS Finance plc’s outstanding senior secured notes due 2020.
CONTACTS
Financing: Mark Dwyer (partner), Caroline Phillips (partner), Rebecca Nind (associate), Martin Byers (associate); Tax: Stefan Farahani (associate); Real Estate: Kate Foster (associate)
Herbert Smith Freehills has acted for the lenders led by BNP Paribas in connection with the increase of their financing commitments to Tullow Oil group by US$450 million, including an increase of US$ 200 million to Tullow's reserve-based lending facility and an increase of US$ 250 million to its corporate credit facility.
Finance partner William Breeze led a team out of London and Louis de Longeaux led the team from Paris. William comments:
King & Wood Mallesons has acted as deal counsel for an international consortium of China Travel Financial Holdings Co., Limited (CTS), Pepper Australia Pty Ltd (Pepper) and York Capital Management Global Advisors, LLC (York) in their acquisition of PrimeCredit Limited and Shenzhen PrimeCredit Limited (together, PrimeCredit) from Standard Chartered Bank, and the simultaneous reorganisation and financing of those entities.
Allens has advised Macquarie Capital (Australia) Limited, Merrill Lynch Equities (Australia) Limited and Morgan Stanley Australia Securities Limited as the joint lead managers and underwriters of National Australia Bank's A$5.5 billion entitlement offer announced on 7 May 2015, the largest-ever entitlement offer by an ASX-listed company.
NAB is undertaking the 2-for-25 fully underwritten pro rata accelerated renounceable rights issue with retail rights trading at an offer price of $28.50 per share, representing approximately 8 per cent of NAB's existing issued capital.
White & Case LLP has advised Dom Maklerski mBanku S.A. acting as the Global Coordinator, Joint Bookrunner and Joint Offering Agent, mBank S.A. acting as the Underwriter and Bank Zachodni WBK S.A. acting as the Joint Bookrunner, Joint Offering Agent and Underwriter, on the US$140 million initial public offering and listing of shares of Uniwheels AG on the Warsaw Stock Exchange.
Allen & Overy said today that the GBP200 million Consumer Price Index (CPI) linked bond issue by Community Finance Company 1 plc on behalf of the Greater London Authority, which will be used to part-fund the extension of London Underground’s Northern Line to Battersea, highlights the growing interest from local government bodies in raising finance through the capital markets.
Linklaters has advised the underwriting syndicate comprising Berenberg Bank, Commerzbank and Baader Bank on the stock exchange listing of Sixt Leasing AG. The offering involved the issue of around 5.6 million new shares from a share capital increase and of around 5.2 million secondary shares and around 1.6 million shares in an overallotment option. The shares will be traded on the regulated market of the Frankfurt Stock Exchange (Prime Standard). The issue price was fixed within the upper half of the price range of EUR 17.90 to EUR 21.30 at EUR 20.00 per share.