Davis Polk advised The Royal Bank of Scotland Group plc (RBSG), a public limited company incorporated in Scotland, in connection with its debut SEC-registered offering of $2 billion aggregate principal amount of 7.500% perpetual subordinated contingent convertible additional tier 1 capital notes (callable August 10, 2020 and every five years thereafter) and $1.15 billion aggregate principal amount of 8.000% perpetual subordinated contingent convertible additional tier 1 capital notes (callable August 10, 2025 and every five years thereafter), together, the “Notes”.

Hogan Lovells London-based corporate team has advised J.P. Morgan Cazenove, Cenkos Securities and Oakley Capital on their placing of £251 million of new equity in Zegona Communications plc (Zegona) to global institutional investors.

The funds have been used by Zegona, together with its existing cash balances and a new term loan of approximately €270 million, to acquire Telecable, an independent cable telecoms company in northern region of Asturias, Spain, from the Carlyle Group and Liberbank for consideration of €640 million.

Herbert Smith Freehills has advised Commonwealth Bank of Australia (CBA) on its A$5 billion fully underwritten pro-rata accelerated renounceable entitlement offer including retail rights trading (PAITREO), announced to the ASX on 12 August 2015 (Offer).

The proceeds from the Offer will further support CBA’s internationally comparable capital ratios.

The Herbert Smith Freehills capital markets team was led by partner Philippa Stone, senior associates Lucy Hall and Charlotte Cameron, and solicitors Thomas Cooper and Ben Robinson.

Osborne Clarke has advised Prodigy Finance, an innovative platform that offers loans to international MBA students attending the leading business schools, on all equity aspects of its recent £100m fundraising.

The Osborne Clarke team was led by corporate Partner Rob Wood, Senior Associate, Simon Jones and Associate, James Taylor.

Clifford Chance has advised the underwriters on China Railway Signal & Communication Corporation Limited's (CRSC) US$1.4 billion initial public offering, the fourth largest IPO in Hong Kong this year. The underwriters were Citigroup, Morgan Stanley, UBS Securities, Macquarie Capital, BOC International, Goldman Sachs, China Merchants Securities, CMB International and Haitong Securities. Clifford Chance also advised on the largest IPO this year, HTSC's US$5 billion IPO and second largest, GF Securities' US$4 billion IPO.

Stibbe advises UBS and the other underwriters on the contemplated IPO of Ferrari N.V.

Travers Smith partner and Head of Listed Funds Aaron Stocks and investment funds associate Leigh Stockey have advised technology company, Gloo Networks plc in connection with its £30 million placing of ordinary shares and admission to trading on AIM.

Gloo Networks plc ("Gloo") is a technology company that aims to connect some of the world's most-loved content with its most-valued consumers.  It is led by digital transformation experts Rebecca Miskin and Juan Lopez-Valcarcel and backed by the asset management and corporate finance group, Marwyn.

Tiwel Holding AG, Switzerland, a company controlled by the Renova group, today announced a mandatory public tender offer for all publicly held shares of Sulzer AG, which is listed on SIX Swiss Exchange and headquartered in Winterthur, Switzerland.  Sulzer AG holds interests in technology companies and other enterprises specializing in pump solutions, rotating equipment maintenance and services as well as separation, reaction and mixing technology. Tiwel offers CHF 99.20 per Sulzer share.

Ashurst has advised Morgans Corporate Limited as the full underwriter of the initial public offering of Kina Securities Limited, valued approximately A$97 million.

Kina Securities is currently one of PNG's largest financial institutions, offering services including funds management and advisory, funds administration, stockbroking and corporate advisory, custodian and trustee services, and financial planning.

A team led by Dr. Mirko Sickinger, LL.M., Partner at the commercial law firm of Heuking Kühn Lüer Wojtek in Cologne, advised Hamburg-based KTG Energie AG on a capital increase under exclusion of subscription rights. The capital increase was fully subscribed within a short time, placing a total of 650,000 new shares at a subscription price of EUR 11.80 with institutional investors. The company intends to use the gross issue proceeds of EUR 7.67 million to take advantage of acquisition opportunities in the market and to finance its further expansion.