Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Clifford Chance advises on investment bank China Renaissance's US$346 million IPO

28 Sep 2018

Leading international law firm Clifford Chance advised the joint global coordinators, including China Renaissance Securities (Hong Kong) Limited, Goldman Sachs, ICBCI Capital and ABCI Capital, on China Renaissance Holdings Limited's US$346 million (HK$2.7 billion) listing on the Hong Kong Stock Exchange. China Renaissance is an investment banking and investment management firm dedicated to China's new economy and technology businesses.

KWM acts on Nufarm Limited’s $303 million entitlement offer

27 Sep 2018

King & Wood Mallesons has acted on Nufarm Limited’s (Nufarm) pro rata accelerated renounceable entitlement offer (with retail rights trading) (PAITREO) of new ordinary shares to existing shareholders.

The KW deal team was led by Partner David Friedlander, special counsel Amanda Isouard and solicitor Henry Sit, who advised the joint lead managers.

The offer consists of an accelerated institutional rights issue and a retail rights issue (including retail rights trading) to raise approximately $303 million.

Clifford Chance advises on hotpot chain Haidilao's US$964 million IPO

27 Sep 2018

Leading international law firm Clifford Chance advised the joint sponsors and underwriters including CMB International, Goldman Sachs and CICC on Haidilao's US$964 million (HK$7.56 billion) global offering of 424,530,000 shares on the main board of the Hong Kong Stock Exchange (HKEX). Haidilao is a globally leading and fast-growing Chinese cuisine restaurant brand focusing on hot pot cuisine.

Corrs advises Neuberger Berman on A$414m listed managed investment trust IPO

26 Sep 2018

Australia’s leading independent law firm, Corrs Chambers Westgarth, has advised on the A$414 million IPO of the NB Global Corporate Income Trust, a managed investment trust listed today on the ASX.

Corrs acted for both Neuberger Berman Australia Pty Ltd, the manager, and Equity Trustees Limited, the responsible entity and issuer, in the Trust’s ASX IPO.

King & Wood Mallesons assists Qutoutiao in its US IPO, rewriting the record as the rapidest Chinese internet enterprise to go public

26 Sep 2018

On September 14, 2018 EST, Qutoutiao Inc. (“Qutoutiao”, NASDAQ: QTT) made its debut on the NASDAQ. Qutoutiao priced its IPO of 12 million American depositary shares (ADSs) (excluding the green-shoe option) at US$7 per ADS to raise approximately US$84 million. As the first US listed mobile content aggregator in China, Qutoutiao took only 27 months to be listed from its establishment, setting the record as the rapidest Chinese internet enterprise to go public.

Ashurst advises EF Solare Italia on €100 million equity bridge loan

26 Sep 2018

International law firm Ashurst has advised EF Solare Italia S.p.A., as borrower, on a €100 million equity bridge loan, consisting of a revolving cash credit line, granted by UBI Banca SpA.

The credit line will guarantee EF Solare Italia, the leading photovoltaic operator in Italy, the financial flexibility necessary to continue the process of consolidation of the sector.

This is one of the largest equity bridge loans in Italy in the renewables sector.

Clifford Chance advises Bank of China on issuance of US$3 billion 144A Additional Tier 1 capital securities

26 Sep 2018

Leading international law firm Clifford Chance advised the Bank of China (Hong Kong) Limited on the issuance of US$3 billion undated non-cumulative subordinated Additional Tier 1 capital securities under its recently updated US$15 billion medium term note programme and the tender offer to repurchase US$876 million of the US$2.5 billion 5.55% subordinated notes due 2020.

MinterEllison advises Vintage Energy on $30m IPO and ASX listing

25 Sep 2018

MinterEllison has advised Vintage Energy Ltd (Vintage Energy, ASX: VEN) on its A$30million Initial Public Offering (‘IPO’) and ASX listing to help provide new gas into the east coast gas market.

Vintage issued 150 million shares to raise the $30 million by way of an IPO and listed on the ASX on 17 September 2018. The IPO was oversubscribed with strong support from both local and overseas institutions.