Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Weil Advised Alior Bank SA on The Offering of Newly-Issued Shares in an Accelerated Bookbuilding Process

04 Feb 2014

Weil, Gotshal & Manges acted as legal counsel on matters of Polish, UK and US law to Alior Bank SA, which made its debut on the Warsaw Stock Exchange (WSE) at the end of 2012, in connection with the offering of newly-issued shares in Alior Bank in an accelerated bookbuilding (ABB) process. The issue comprised 6,358,296 new shares in Alior Bank and was addressed to Polish and international institutional investors.

Santander Consumer USA Holdings Inc.'s $1.8 Billion IPO

03 Feb 2014

Cravath represented Santander Holdings USA, the selling stockholder, in connection with the US$1.8 billion initial public offering of common stock of Santander Consumer USA Holdings Inc., a full-service, technology-driven consumer finance company focused on vehicle finance and unsecured consumer lending products. Santander Consumer USA Holdings Inc. is a subsidiary of Banco Santander, S.A. The shares were listed on the New York Stock Exchange. The transaction closed on January 28, 2014.

Acciona - issue of EUR 342 million 3% convertible bonds

03 Feb 2014

Slaughter and May, working as a team with Uría Menéndez, advised Acciona, S.A. on its issue of EUR 342 million 3% senior unsecured convertible bonds, with the aggregate principal amount of the securities, the coupon rate and the conversion price determined following an accelerated book building exercise by HSBC Bank plc, Crédit Agricole Corporate and Investment Bank, The Royal Bank of Scotland plc and Société Générale (acting as Joint Lead Managers) conducted on 16 January 2014.

DLA Piper advises on Hong Kong flotation of Magnum Entertainment

03 Feb 2014

DLA Piper today announces that it has advised the sponsor and underwriters of Magnum Entertainment Group Holdings Limited ("Magnum Entertainment") on its HK$126 million flotation on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 2080). Magnum Entertainment is the operator of the largest group of clubbing venues in Hong Kong, by gross floor size and premise capacity.

McKay Securities PLC - proposed firm placing and placing and open offer

31 Jan 2014

Slaughter and May is advising McKay Securities PLC ('McKay'), a property investment company specialising in the South East of England and London markets, in connection with its proposed firm placing and placing and open offer of 45,879,174 new ordinary shares (the 'Capital Raising').

The Capital Raising, which was announced on 29 January 2014, will raise gross proceeds of approximately £86.7 million, which will be used by McKay to fund current and near-term portfolio redevelopment and refurbishment projects and future property acquisitions.

Ashurst advises Numis on the first retail IPO of 2014

30 Jan 2014

Ashurst is advising Numis Securities Limited on the proposed London IPO of McColl's Retail Group ("McColl's" or the "Company"), one of Britain's biggest convenience store chains and the first retailer to announce its IPO this year. McColl's is a leading neighbourhood retailer established in 1973 by its Chairman and CEO, James Lancaster.  It has 1,2761 stores serving the convenience and newsagent sectors and a strong national presence across the UK.

JPMorgan Chase's $2 Billion Preferred Stock Offering

30 Jan 2014

Cravath represented the underwriters, led by J.P. Morgan Securities, in connection with the US$2 billion offering of depositary shares representing preferred stock of JPMorgan Chase & Co., a leading global financial services firm and one of the largest banking institutions in the United States. The transaction closed on January 22, 2014.

The Cravath team included partner William V. Fogg, senior attorney G. Douglas Johnson and associate Jennifer L. Tanaka.

Kirkland & Ellis Asia Practice Leads on Two Listings

29 Jan 2014

Kirkland & Ellis’ Asia capital markets practice represents Qinhuangdao Port Co., Ltd., one of the world’s largest independent port operators for major dry bulk cargo, as Hong Kong and U.S. issuer’s counsel in its IPO valued at approximately US$560 million.  The deal was underwritten by Citigroup, CICC, HSBC, UBS, J.P. Morgan, China Merchant Securities and BOCOM International.