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Banking & Finance - Capital Markets: Equity

King & Wood Mallesons acts on National Storage REIT fundraising

08 Apr 2015

Macquarie Group Limited’s capital raising announced earlier this month, KWM has acted for National Storage REIT in relation to a $57.5 million fully underwritten institutional placement of new stapled securities.

National Storage REIT is a leader in fully-integrated self-storage spaces and was the first of its kind to be listed on the Australian Securities Exchange.

The purpose of the capital raising is to reduce existing debt to provide NSR with financial flexibility to pursue acquisition opportunities.

King and Wood Mallesons acts on Affinity Education Group capital raising

08 Apr 2015

King & Wood Mallesons has acted on Affinity Education Group Limited’s pro-rata accelerated renounceable entitlement offer (AREO) of new ordinary shares to existing shareholders, advising the joint lead managers CBA Equities Limited and Canaccord Genuity (Australia) Limited.

The offer consists of an accelerated institutional entitlement offer and a retail entitlement offer to raise approximately $75 million.

Clifford Chance advises Heidelberger Druckmaschinen AG on the placement of convertible bonds with an issue volume of EUR 58.6 million

08 Apr 2015

Clifford Chance advises Heidelberger Druckmaschinen AG on the placement of convertible bonds with an issue volume of EUR 58.6 million

Clifford Chance has advised Heidelberger Druckmaschinen AG ("Heidelberg") on the placement of convertible bonds with an issue volume of EUR 58.6 million.

The unsecured, unsubordinated convertible bonds have a maturity of seven years; the coupon of the bonds has been set at 5.25 percent.

Firm Advises J.P. Morgan Cazenove and Numis on a £26m Placing by Cambian Group

07 Apr 2015

Simmons & Simmons is advising J.P. Morgan Cazenove and Numis as Joint Bookrunners and Joint Corporate Brokers in connection with the placing by Cambian Group plc (“Cambian” or the “Company”) of new ordinary shares in the Company (the “Placing Shares”) with institutional investors to raise approximately £26m announced on 27 March 2015 (the “Placing”).

McCann FitzGerald advises Investec, Credit Suisse, Barclays and TD Securities on secondary offering by IRES REIT plc

07 Apr 2015

We advised Investec in its role as Sponsor and Joint Bookrunner, Credit Suisse in its role as Global Co-ordinator and Joint Bookrunner, and Barclays and TD Securities in their role as Joint Bookrunners in connection with the firm placing and placing and open offer of 215,000,000 new ordinary shares in Irish Residential Properties REIT plc raising approximately €215m million. The new shares were admitted to the main market of the Irish Stock Exchange on 26 March 2015.

Macfarlanes advises management of Shawbrook Group plc on £725m IPO

07 Apr 2015

Macfarlanes has advised the management team of Shawbrook Group plc, a UK specialist lending and savings bank, on its flotation on the Main Market of the London Stock Exchange. The IPO values the bank at £725m.

The Macfarlanes team was led by corporate partner Harry Coghill and tax partner Rob Collard. They comment: "It was a pleasure to work with the management team of Shawbrook Group plc on what may be the last IPO before the general election."

Herbert Smith Freehills advises on Touchcorp IPO

07 Apr 2015

Herbert Smith Freehills has advised Goldman Sachs and Wilson HTM as joint lead managers in relation to Touchcorp Limited’s (Touchcorp) initial public offering and listing on the Australian Securities Exchange (ASX). The offer consisted of an institutional offer, broker firm offer and chairman’s list offer (Offer) and values Touchcorp at A$162.3 million at the offer price of A$1.40 per share.

Touchcorp listed on the ASX on 2 April 2015.

Orrick Advises Cenkos Securities and Zeus Capital on £1 Billion Fundraising for Haversham Holdings plc

01 Apr 2015

Haversham Holdings will issue 685.7 million new Ordinary Shares at a price of 150 pence per share, the proceeds of which will be used to fund the cash element of the consideration for the acquisition of the BCA Group and to repay part of the outstanding debt of the BCA Group.  Haversham Holdings will be renamed BCA Marketplace plc on admission and will transfer its listing from AIM to the standard listing segment of the Main Market.