Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Norton Rose Fulbright advises on the HK$795 million IPO of Sinomax Group

16 Jul 2014

Global legal practice Norton Rose Fulbright has advised China Merchants Securities (HK) Co., Limited as sole sponsor, sole global coordinator, sole bookrunner and joint lead manager on the HK$795 million global offering and initial public offering of Sinomax Group Limited. 

Sinomax Group Limited is a leading manufacturer and distributor of visco-elastic pillows, mattress toppers and mattresses in the United States, Hong Kong and China.

Shares of the company will be listed on the Main Board of the Hong Kong Stock Exchange on 10 July 2014. 

Herbert Smith Freehills advises on the world's largest pharmacuetical IPO in three years

16 Jul 2014

Herbert Smith Freehills has advised UBS AG, Hong Kong Branch; Citigroup Global Markets Asia Limited; and CITIC Securities Corporate Finance (HK) Limited in relation to their role as the underwriters and joint sponsors of the Initial Public Offering (IPO) of Luye Pharma Group Ltd. ("Luye") and its listing on the Hong Kong Stock Exchange. The IPO raised US$764 million, making it the world’s largest pharmaceutical company IPO in three years.

Pinsent Masons advises Intelligent Energy on IPO

15 Jul 2014

Pinsent Masons has advised Intelligent Energy on its initial public offering (IPO) raising a total of £55 million. The deal, thought to be London's biggest pure technology flotation in five years, values the green power company at $1.1bn (£639 million). Intelligent Energy intends to use the funds raised to pursue international expansion plans.

Corporate partners Rob Hutchings, Louise Wolfson and senior associate James Broadhurst led a Pinsent Masons team advising on the transaction.

Linklaters advises banks on rights offering and issue of mandatory convertible notes for Dufry

15 Jul 2014

Linklaters has advised the banks on a rights offering for Dufry AG, Switzerland. The rights offering is supposed to serve to finance a portion of the planned acquisition of the Nuance Group. Dufry expects to receive gross proceeds of approximately CHF 810 million. Linklaters has also advised the banks of the duty-free shop operator on the issue of mandatory convertible notes. The net proceeds of the issue are supposed to be used to fund in part the acquisition, as well.

Simpson Thacher Represents Underwriters in the HK$1.5 Billion (US$192.8 Million) Hong Kong Initial Public Offering and Rule 144A/Regulation S Offering by Tian Ge Interactive Holdings Limited

14 Jul 2014

The Firm represented the underwriters in the initial public offering in Hong Kong and Rule 144A/Regulation S offering by Tian Ge Interactive Holdings Limited (Tian Ge). Tian Ge offered an aggregate of 304,267,000 ordinary shares in the offering (before greenshoe) and raised gross proceeds of approximately HK$1.5 billion (US$192.8 million).

White & Case Advises First Domestic Offering by a Russian Issuer in 2014

14 Jul 2014

White & Case LLP has advised Goldman Sachs International, J.P. Morgan, Sberbank CIB and VTB Capital, as joint global coordinators and joint bookrunners, and Citigroup and Gazprombank, as joint bookrunners, on the follow-on offering by the Central Bank of Russia of shares in the charter capital of Moscow Exchange, Russia's largest securities exchange group.

It is the first domestic offering by a Russian issuer in 2014 to date and represents a transaction value of approximately US$469 million.

Wragge Lawrence Graham & Co advises Empiric Student Property plc on its £85m admission to Official List and Main Market

11 Jul 2014

Wragge Lawrence Graham & Co has advised Empiric Student Property on its £85m admission to the UKLA Official List and trading on the London Stock Exchange's Main Market. The £85m was raised by way of a placing and offer for subscription.

Empiric Student Property plc is a new internally managed REIT focused on investment in premium student accommodation properties in the UK.

The Wragge Lawrence Graham & Co investment funds team, led by corporate partner John Reed, comprised tax specialist partner Elliot Weston and real estate specialist partner Mark Mallon.