Ashurst advises OneSavings Bank on its £134 million London IPO
Ashurst has advised OneSavings Bank plc ("OSB"), the specialist lending and savings group, on its successful £134 million initial public offering ("IPO") on the Main Market of the London Stock Exchange. OSB was formed in 2011 following the recapitalisation of the Kent Reliance Building Society by funds advised by J.C. Flowers. OSB serves customers in the UK, Jersey and Guernsey and focuses its specialist lending activities on selected sub-sectors of the lending market.