HONG KONG – Dechert advised Guotai Junan Capital Limited (acting as Sole Sponsor), Guotai Junan Securities (acting as the Sole Global Coordinator) and the Underwriters on the HK$1.93 billion global offering, initial public offering and listing of China Risun Group Limited (“China Risun”) on the Main Board of the Hong Kong Stock Exchange. The shares began trading on March 15, 2019.
Baker McKenzie has acted as Australian and U.S. legal counsel to RBC Capital Markets and Morgans Corporate Limited, as joint lead managers of a fully underwritten AUD 50 million institutional placement by Megaport Limited (ASX:MP1) and a secondary AUD 10 million sell-down by Mr Bevan Slattery, Chairman of Megaport Limited.
MinterEllison has advised Metrics Credit Partners (Metrics) on the formation and A$200 – $300 million initial public offer of units in the MCP Income Opportunities Trust (ASX:MOT).
Metrics is a leading Australian non-bank corporate lender and alternative asset manager who manage in excess of A$3.4 billion in assets. Metrics specialises in fixed income, private creditand capital markets.
Matheson recently advised global private markets investment manager, Partners Group (UK) Limited (“Partners Group”), on its equity financing of the Greenlink Interconnector (“Greenlink”), a project to construct a 500MW subsea interconnector between Ireland and Great Britain.
On Feb. 28, 2019, Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQB: KHRNF) announced that it had closed its previously announced bought deal short form prospectus offering of common shares, including the exercise in full of the over-allotment option for aggregate gross proceeds of $28,842,000. The offering was completed by a syndicate of underwriters co-led by Canaccord Genuity Corp. and BMO Nesbitt Burns Inc., and including Cormark Securities Inc.
Doumob (HKEX: 1917) was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited.
Clifford Chance Amsterdam acted as transaction counsel on the sale by certain shareholders of approximately 2.5 million shares in the capital of Euronext listed company Adyen, the Netherlands-based payments platform provider. The sale was carried out through an accelerated bookbuild offering to institutional investors and settled on Thursday 14 March 2019.
Linklaters has advised Linde on three divestments and the completion of a complex carve-out which cleared the path for the business combination of Linde AG and Praxair, Inc. to form a new enterprise (Linde plc.) with an aggregated market capitalisation of close to 100 bn USD.
The divestments and carve-out were required by the US Federal Trade Commission (FTC) to lift the FTC-mandated hold-separate regime preventing post-merger integration of the Linde and Praxair businesses.
The Firm recently represented the international joint lead managers in connection with a follow-on offering of Daiwa House REIT Investment Corporation, which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥35.2 billion (approximately US$315 million) for the issuer, which will be used with bank financing to fund the acquisition of additional logistics, retail and hotel properties.
Dechert LLP advised Zhejiang New Century Hotel Management Co., Ltd. (“New Century Hotel”) on its HK$ 1.16 billion global offering and initial public offering on the Main Board of the Hong Kong Stock Exchange. China Galaxy International Securities (Hong Kong) Co., Limited and BOCOM International (Asia) Limited acted as joint sponsors for the IPO.