Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Deacons advises on the first RQFII exchange-traded fund tracking the ChiNext Index

20 May 2015

Deacons recently assisted CSOP Asset Management in listing the CSOP SZSE ChiNext ETF; the first renminbi qualified foreign institutional investor (RQFII) exchange-traded fund that tracks the ChiNext Index.

The ChiNext Index is designed to represent the performance of the top 100 A-Share companies listed on the ChiNext board of the Shenzhen Stock Exchange.

The fund listed on the Hong Kong Stock Exchange on May 15th 2015.

Deacons’ partner Su Cheen Chuah advised on the matter.

P+P advised institutional investors on the IPO of the online portal windeln.de

19 May 2015

Windeln.de AG, online retailer of baby and toddler products, has gone public. On the basis of the issue price for the shares, the offering volume amounted to around 211 million EUR. This corresponds to a rating of almost 500 million EUR for the just under five year old company.

Overall, around 11.4 million shares were placed, 5.4 million of those are newly issued shares from a capital increase, whereas approximately 4.5 million existing shares are from the holdings selling shareholders and approximately 1.5 million shares are connected with an over-allotment.

Clayton Utz acts for Macquarie on A$79.3 million placement by GUD Holdings

19 May 2015

Clayton Utz has advised Macquarie Capital (Australia) Limited on GUD Holdings Limited's A$79.3 million placement to sophisticated and institutional investors. The transaction was announced to the ASX on 12 May 2015.

Corporate partner Brendan Groves led the Clayton Utz team, which includes senior associate Warrick Louey and lawyer Kate Allison.

Allens acts for Magellan Flagship Fund on A$128 million raising

19 May 2015

Allens has acted for Magellan Flagship Fund Limited (MFF) on its A$128 million capital raising.

MFF raised the capital via a pro-rata renounceable entitlement issue of new fully paid ordinary shares to its shareholders on a 1-for-4 basis, at an issue price of $1.60 per share.

Shares were allotted to eligible shareholders on 13 May, with normal trading of the new shares to commence on 14 May.

The Allens team on the deal was led by Partner and co-head of the firm's Equity Capital Markets practice, Julian Donnan.

Hogan Lovells Advises JP Morgan Cazenove on £73.5 Million Block Sale of Shares in Regus plc

18 May 2015

Hogan Lovells London-based corporate team has advised JP Morgan Cazenove in connection with their placing of 30,000,000 existing ordinary shares in Regus plc, in a deal worth £73.5 million.

The existing ordinary shares were held indirectly by the current CEO of Regus plc, Mark Dixon, who continues to be a significant shareholder in Regus plc and now holds 31.4% of Regus plc's ordinary shares.

Allens advises on NAB's record-breaking A$5.5 billion entitlement offer

14 May 2015

Allens has advised Macquarie Capital (Australia) Limited, Merrill Lynch Equities (Australia) Limited and Morgan Stanley Australia Securities Limited as the joint lead managers and underwriters of National Australia Bank's A$5.5 billion entitlement offer announced on 7 May 2015, the largest-ever entitlement offer by an ASX-listed company.

NAB is undertaking the 2-for-25 fully underwritten pro rata accelerated renounceable rights issue with retail rights trading at an offer price of $28.50 per share, representing approximately 8 per cent of NAB's existing issued capital.

White & Case Advises Bank Consortium on Uniwheels IPO

14 May 2015

White & Case LLP has advised Dom Maklerski mBanku S.A. acting as the Global Coordinator, Joint Bookrunner and Joint Offering Agent, mBank S.A. acting as the Underwriter and Bank Zachodni WBK S.A. acting as the Joint Bookrunner, Joint Offering Agent and Underwriter, on the US$140 million initial public offering and listing of shares of Uniwheels AG on the Warsaw Stock Exchange.

Linklaters advises underwriting syndicate of Berenberg Bank, Commerzbank and Baader Bank on stock exchange listing of Sixt Leasing AG

14 May 2015

Linklaters has advised the underwriting syndicate comprising Berenberg Bank, Commerzbank and Baader Bank on the stock exchange listing of Sixt Leasing AG. The offering involved the issue of around 5.6 million new shares from a share capital increase and of around 5.2 million secondary shares and around 1.6 million shares in an overallotment option. The shares will be traded on the regulated market of the Frankfurt Stock Exchange (Prime Standard). The issue price was fixed within the upper half of the price range of EUR 17.90 to EUR 21.30 at EUR 20.00 per share.