DWF has advised Velocity Composites, the leading supplier of advance composite material kits to the aerospace industry, on a £30.5million AIM flotation.
The placing will give the 97-strong company, which is based in Burnley and Fareham, an enhanced public profile and the platform to expand into new territories and invest in new product development.
CMS’ Equity Capital Markets team has advised on six capital markets transactions in its first two weeks, each in one of the newly merged firm’s core sectors. Commenting on the transactions, new co-head of Corporate, Iain Newman said: “These transactions demonstrate CMS' stand out expertise and increased bench strength in equity capital markets. We look forward to further cementing our reputation as a first class legal provider for equity capital markets deals”.
Eve Sleep plc
London, 18 May, 2017 - Hogan Lovells has advised the European Investment Bank (EIB) on an quasi-equity loan financing up to EUR 30 million with the EPS Group. Electro Power Systems is an Italian based technology pioneer in energy storage systems and microgrids whose holding company is listed on the French-regulated market, Euronext Paris.
Clifford Chance advised the underwriters, IDFC Bank, Credit Suisse India, ICICI Securities, and IndiaInfoline (IIFL), on the international law aspects of IRB InvIT Fund's US$785 million IPO on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). This is India's first ever infrastructure investment trust. The transaction established a new form of funding for infrastructure developers in India.
Munters Group AB has been admitted to trading on Nasdaq Stockholm on 19 May 2017.
The offering price was set at SEK 55 per share, corresponding to a market value of Munters of approximately SEK 10.1 billion.
Setterwalls has acted as legal adviser to Instalco Intressenter AB (publ) and the principal shareholder in connection with Instalco’s listing on Nasdaq Stockholm.
McCann FitzGerald advised Goodbody and Bank of America Merrill Lynch as Bookrunners and Davy as Lead Manager on the placing of approximately 33.7 million shares in Cairn Homes plc, raising total gross proceeds of approximately €51.9 million. The placing was conducted by way of accelerated bookbuild.
Osborne Clarke has advised StarLeaf Limited on their $40m Series B fundraising from Grafton Capital and Highland Capital Partners Europe.
Founded in 2008, StarLeaf is a global video conferencing provider and manufacturer with a comprehensive range of tools that provide video for meeting rooms, desktops and mobile use. The new funding will support growth in primary markets of Europe and North America, and accelerate expansion into Asia Pacific.
On 12 May 2017, Lonza Group completed a capital increase by way of a rights offering raising gross proceeds of approximately CHF 2.25 billion. The proceeds will be used to partially finance the acquisition of Capsugel. The rights offering has been fully underwritten by a banking syndicate led by UBS AG and BofA Merrill Lynch acting as Joint Global Coordinators and Joint Bookrunners. Citigroup, Credit Suisse, Goldman Sachs International and J.P. Morgan acted as Joint Bookrunners.
Macfarlanes has advised Improbable, a UK-based virtual simulation start-up, on the raising of $502m in its latest financing round led by Japan’s SoftBank Group Corp., with other previous investors also participating. This is the largest ever Series B investment in Europe and the biggest venture financing round by a private British company in history.