Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Simpson Thacher Represents Underwriters in the US$75.9 Million NASDAQ IPO of Athenex

21 Jun 2017

Simpson Thacher represented the underwriters, Credit Suisse, Deutsche Bank Securities, J.P. Morgan and ICBC International, in connection with the initial public offering and listing on the NASDAQ Global Select Market of common shares of Athenex Inc. (“Athenex”). The offering of 6,900,000 shares of common stock raised US$75.9 million of gross proceeds to Athenex including full exercise of the greenshoe. Athenex’s common stock is traded on the NASDAQ Global Select Market under the symbol “ATNX.”

Squire Patton Boggs Advises on US$2.3 Billion Qualified Institutional Placement of the State Bank of India

21 Jun 2017

Squire Patton Boggs has acted as US counsel to the State Bank of India on its Rule 144A US$2.3 billion qualified institutional placement, the largest ever qualified institutional placement equity offering in India.

The State Bank of India is the country’s largest commercial bank. The transaction was managed by Deutsche Equities India Limited, DSP Merrill Lynch Limited, IIFL Holdings Limited, JM Financial Institutional Securities Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited.

KWM advised Guangzhou Rural Commercial Bank on its US$1.07 billion Hong Kong IPO

21 Jun 2017

King & Wood Mallesons (KWM) has advised Guangzhou Rural Commercial Bank (Stock Code: 1551) as its PRC, Hong Kong and US counsel on its US$1.07 billion (before the exercise of the over-allotment option) initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. This is one of the biggest listings in Hong Kong in this year.

Sidley Advises on Global Offering of Guangzhou Rural Commercial Bank Co., Ltd.

20 Jun 2017

Sidley acted as the legal advisor to the joint sponsors and underwriters in the global offering of Guangzhou Rural Commercial Bank Co., Ltd. on the Stock Exchange of Hong Kong. Our clients were China International Capital Corporation, Hong Kong Securities Limited, China Merchants Securities (HK) Co., Limited, CCB International Capital Limited and ABCI Capital Limited as the joint sponsors, as well as the Hong Kong and International Underwriters. The total offering amount was approximately US$1 billion. This IPO marks one of the largest Hong Kong IPOs in 2017.

Advising Stifel and Liberum on NetScientific plc's AIM placing and subscription

20 Jun 2017

Simmons & Simmons has advised on the AIM placing and subscription announced on 25 May 2017 by NetScientific plc, the transatlantic healthcare IP commercialisation group.

The team advised the nominated adviser and broker Stifel Nicolaus Europe Limited and placing agent Liberum on the placing and subscription of 17,916,662 new ordinary shares at 45 pence per share, raising a total of £8.1m for Netscientific (before expenses).

Burges Salmon advises WH Ireland and GCA Altium on placing by Redhall Group plc

19 Jun 2017

Redhall Group is the West Yorkshire based manufacturer of high integrity products and equipment for the nuclear, oil and gas and infrastructure sectors.

Burges Salmon has advised WH Ireland Limited in its capacity as broker, and GCA Altium Limited in its capacity as nominated adviser, to Redhall Group plc, an AIM quoted company, on its placing to raise approximately £9.5 million. Redhall Group is the West Yorkshire based manufacturer of high integrity products and equipment for the nuclear, oil and gas and infrastructure sectors.

King & Wood Mallesons advised on the privatisation of Jilin Qifeng Chemical Fiber Co., Ltd

16 Jun 2017

King & Wood Mallesons (KWM) has acted as Hong Kong and PRC counsel to Jilin Top Trading Co. Ltd. and its subsidiary Jilin Fiber Co., Limited on the HK$475 million privatisation of Jilin Qifeng Chemical Fiber Co., Ltd., a company listed in Hong Kong. The withdrawal of listing of its H shares from the Stock Exchange has taken place today.