The Firm represented Automotive Investors LLC, an affiliate of The Blackstone Group L.P., and certain members of TRW Automotive Holdings Corp.’s (“TRW”) management in connection with a registered public offering of 10,900,000 shares of TRW’s common stock. Automotive Investors LLC sold 10,273,062 shares, representing the remainder of its ownership of TRW’s stock. Citigroup Global Markets Inc. served as the underwriter for the offering. The gross proceeds from the offering were $775.971 million.

The Hong Kong office of the Firm represented the underwriters, led by Citibank Global Markets Limited, Standard Chartered Bank and Morgan Stanley Services Pty Limited, in the offering of US$250 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Epistar Corporation (“Epistar”). Epistar is one of the leading manufacturers of epi wafers and chips for high brightness LED in the world. Common shares of Epistar are traded on the Taiwan Stock Exchange under the trading code “2448”.

Davis Polk advised Morgan Stanley & Co. LLC as representative of the underwriters in connection with the $140 million SEC-registered initial public offering of 10,000,000 shares of common stock of Ardmore Shipping Corporation The shares are listed on the New York Stock Exchange under the symbol “ASC.”

Davis Polk advised Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC as joint book-running managers and representatives of the underwriters in connection with the $382.95 million initial public offering of 21,275,000 shares of common stock of Sprouts Farmers Market, Inc., of which 20,477,215 shares were issued and sold by the Company and 797,785 shares were sold by selling shareholders. The shares include 2,775,000 shares issued and sold by the Company from the full exercise of the underwriters’ over-allotment option.

Davis Polk advised J.P. Morgan Securities LLC as underwriter in connection with a $510 million SEC-registered secondary offering of 20,000,000 shares of Vantiv, Inc.’s Class A common stock by Fifth Third Bank and certain funds managed by Advent International Corporation. The Class A common stock is listed on the New York Stock Exchange under the symbol “VNTV.”

Based in Cincinnati, Ohio, Vantiv is a leading, integrated payment processor differentiated by a single, proprietary technology platform.

Travers Smith corporate partner, Anthony Foster, advised long-standing client, the Peel Group, in underwriting a £6m rights issue by Coalfield Resources plc. The Peel Group currently holds 29 per cent. of Coalfield Resources.

The fundraising, subject to shareholder approval, will be used by Doncaster-based Coalfield Resources to repay bank debt and to provide additional working capital. 

The Travers Smith team included corporate associate Mohammed Senouci.

Eversheds LLP advised Coalfield Resources.

Ashurst acted as international counsel to CIMB Investment Bank and RHB Investment Bank as lead managers to the Malaysian initial public offering of Sona Petroleum Berhad.  Sona Petroleum is a special purpose acquisition company formed to acquire exploration and production oil and gas assets in Southeast Asia, the Middle East and selected countries in Africa.  The IPO raised approximately US$160 million, making it the largest-ever SPAC listed in Malaysia.

Global law firm Eversheds has advised Coalfield Resources Plc on its intention to raise approximately £6 million (gross proceeds) through a Rights Issue.

The net proceeds of the Rights Issue will be used to repay the Company’s facility with Lloyds Banking Group and to provide additional working capital for the Company.

The Rights Issue is being fully underwritten by Peel Holdings Limited, or a member of the Peel Group, the Company’s largest Shareholder.The Rights Issue is subject to the approval of shareholders at the General Meeting to be held on 27 August 2013.

Global legal practice Norton Rose Fulbright has advised The Renewable Energy Infrastructure Group (“TRIG“), a closed-ended investment fund, in relation to its £300 million IPO, listing on the London Stock Exchange.

The TRIG group will be managed on a day-to-day basis by InfraRed Capital Partners Limited (“InfraRed”) as discretionary investment manager. Renewable Energy Systems Limited (“RES”) has been appointed as operations manager.

Leading international law firm Freshfields Bruckhaus Deringer is advising Barclays Bank plc as global co-ordinator, Credit Suisse as sponsor, Credit Suisse, Deutsche Bank, Citigroup and Bank of America Merrill Lynch as joint bookrunners and underwriters on Barclays plc's proposed rights issue to raise approximately £5.95 billion.