Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Clifford Chance advises on Postal Savings Bank of China's US$8 billion IPO, the largest this year globally

14 Sep 2016

Leading international law firm Clifford Chance is advising the underwriters, including China International Capital Corporation, Morgan Stanley, Bank of America Merrill Lynch, Goldman Sachs, JP Morgan, as the Joint Sponsors on the US$8 billion listing on the Hong Kong Stock Exchange of Postal Savings Bank of China Co., Ltd. (PSBC). This is the largest share offering globally thus far for 2016. PSBC is a leading retail bank in China with the largest distribution network and largest customer base.

Sundance Energy lists on Nasdaq

13 Sep 2016

Baker & McKenzie has advised Sundance Energy Australia Limited, an ASX-listed Australian corporation with oil & gas operations in the United States, on the listing of its shares, as represented by American Depositary Receipts, on Nasdaq.

Sydney-based US Corporate Partner Andrew Reilly led the transaction with support from associates Heath Trisdale in Houston and Anna Kramer in Sydney.

Herbert Smith Freehills advises NEXTDC Limited on its A$150 million entitlement offer and institutional placement

09 Sep 2016

Herbert Smith Freehills is delighted to have advised NEXTDC Limited on its A$150 million fully underwritten equity raising.

It consisted of a A$50 million placement to institutional investors at A$4.06 per share and a 1 for 9.1 accelerated non-renounceable pro-rata entitlement offer at A$3.74 per share, announced to the ASX on 6 September 2016.

Slaughter and May advised SEGRO – placing of shares

06 Sep 2016

Slaughter and May advised SEGRO plc (SEGRO) on a placing of approximately 9.9% of its existing issued share capital, which raised gross proceeds of approximately £325 million (the Placing). The Placing, which was announced on 2 September, was conducted by an accelerated book-building process. Bank of America Merrill Lynch and UBS Limited acted as joint bookrunners and corporate brokers in connection with the Placing.

Mayer Brown advised Altice and SFR Group in the Public Tender Offer Announced Today

05 Sep 2016

Paris - Altice announced it filed today a public exchange offer for all of the remaining shares issued by SFR Group, a publicly traded company listed in Paris. The share-for-share offer targeting the 22.5% free-float not yet owned by Altice is made on the basis of 8 new Altice NV class A shares for 5 SFR Group shares. The transaction values SFR Group at approximately 11 billion Euros.

Shearman & Sterling in Association with Dr. Sultan Almasoud & Partners Advises on the Second-Largest Rights Issue on the Saudi Stock Exchange

05 Sep 2016

Shearman & Sterling in association with Dr. Sultan Almasoud & Partners represented Takween Advanced Industries Company, a leading producer of plastic packaging solutions and non-woven fabrics materials, on its proposed SAR 600 million rights issue on the Saudi Stock Exchange (Tadawul), which was approved by the Capital Market Authority of Saudi Arabia in July 2016. When completed, this landmark offering will be the second-largest rights issue under the tradable rights framework introduced in the Kingdom in 2012.

Austria: Schoenherr assists Republic of Austria in offer to HETA-creditors

05 Sep 2016

On Friday, 2 September 2016, the Austrian Finance Minister has given the green light to finance a public offer by Kärntner Ausgleichszahlungs-Fonds (KAF) to HETA creditors pursuant to § 2a of the Austrian Financial Market Stability Act. The offer will implement the Memorandum of Understanding (MoU) concluded in May 2016 between the Austrian Minister of Finance and a significant number of creditors of debt instruments issued by HETA ASSET RESOLUTION AG (HETA) that are subject to a regional law deficiency guarantee.