DLA Piper is advising mining exploration company Prospech Limited on its initial public offering (IPO) of up to AU$7.5 million. The indicative market capitalisation of the company on completion of the offer is expected to be around AU$19.6 million, based on the maximum subscription amount being raised.
The DLA Piper team is led by Head of Corporate James Philips, with assistance from solicitor Rube Uthayakumar.
Allen & Overy advised the book running lead managers on the INR150 billion (approximately USD2.3 billion) qualified institutional placement (QIP) issue of equity shares by State Bank of India, the largest-ever QIP and equity offering from India to-date as well as the third largest equity offering out of Asia Pacific this year. The QIP received strong demand from both international and domestic investors.
Clifford Chance has advised Société Générale and ALD on the IPO of ALD on the regulated market of Euronext Paris.
Global law firm White & Case has advised Symrise AG (Symrise), a global supplier of fragrances and flavorings, on its €400 million debut issuance of convertible bonds.
Global law firm White & Case LLP has advised Goldman Sachs International and Société Générale as Global Coordinators, Joint Lead Managers and Joint Bookrunners on Europcar Groupe's €175 million capital increase.
The capital increase was realized through a private placement to qualified investors and resulted in the issuance of 14,612,460 new ordinary shares, representing approximately ten percent of Europcar Groupe's share capital.
King & Wood Mallesons (KWM) has advised the Open ANX Foundation Limited as Hong Kong and PRC counsel on its initial cryptographic token sale, which launched on 22 June 2017. The first of its kind in Hong Kong, the sale raised the equivalent of approximately USD15 million within its first 12 hours (out of the overall target of USD22.5 million).
The Open ANX Foundation was established under the direction of ANX International - an industry-leading, Hong Kong-based financial technology firm that is one of the world’s leading blockchain development firms.
King & Wood Mallesons (KWM) is acting for Dexus in relation to its A$500 million institutional placement, which is being undertaken to partly fund up to approximately A$739 million of property acquisitions.
The institutional placement is fully underwritten by Goldman Sachs Australia Pty Ltd and Macquarie Capital (Australia) Limited, and following completion Dexus will undertake a non-underwritten security purchase plan for eligible Securityholders in Australia and New Zealand.
On 23 June 2017, the listed pharmaceutical company Mithra Pharmaceuticals, specialised in Women’s Health, has successfully raised EUR 26.1 million through a private placement of new shares via an accelerated bookbuilding procedure. The shares have been offered at EUR 8.40 per share and have been admitted to trading on Euronext Brussels.
For this private placement, Mithra was assisted by a Eubelius team led by Lars Van Bever, Joris De Wolf and Robin Van Gysel.
On 8 June 2017, the real estate investment trust (BE-REIT) specialised in student housing, Xior Student Housing, launched a public capital increase in cash with irreducible allocation right for existing shareholders in order to finance its announced investment pipeline as part of its growth plan.
Stephenson Harwood LLP has advised Shield Therapeutics plc on its £12 million fundraise by way of a co-ordinated exercise of existing warrants, subscription of new ordinary shares by the directors and a senior manager and a placing undertaken utilising a cash box structure.