Resource

 

 

 

 

 

 

 

 

 

 

 

Banking & Finance - Capital Markets: Equity

Clifford Chance advised Heidelberger Druckmaschinen AG on placing convertible notes

11 Jul 2013

Clifford Chance advised Heidelberger Druckmaschinen AG and the banking consortium as transaction counsel regarding the placement of convertible notes with a total volume of EUR 60 million.

The unsecured unsubordinated convertible bond has a maturity of 4 years. The coupon was set at 8.5 per cent.

The convertible notes were offered to institutional investors in the course of private placements in Germany and abroad. Heidelberg intends to apply for the convertible notes being admitted to the Open Market at the Frankfurt Stock Exchange.

Norton Rose Fulbright advises RBC Capital Markets on InternetQ plc fundraising

09 Jul 2013

Global legal practice, Norton Rose Fulbright has advised RBC Europe Limited (trading as RBC Capital Markets) as broker and bookrunner on a placing by InternetQ plc of 3,448,400 new ordinary shares at a price of 290 pence per share, raising gross proceeds of approximately £10 million (€11.7 million).

The placing was announced on 2 July 2013 and admission of the new ordinary shares to trading on AIM occurred on 5 July 2013.

InternetQ is a leading provider of mobile marketing and digital entertainment solutions for mobile network operators and brands.

Linklaters advises banks in relation to Osram’s stock market debut

08 Jul 2013

Linklaters advised the banks, including Deutsche Bank, Goldman Sachs, UBS, Berenberg Bank and Commerzbank, in relation to the stock market debut of the Siemens subsidiary Osram. The shares of OSRAM Licht AG were admitted to trading on the Frankfurt and Munich Stock Exchanges on 5 July 2013. On 8 July 2013, they were traded for the first time. The German leading share index DAX consists of 31 stocks for one day today.

Heisse Kursawe Eversheds advises CEWE COLOR on raising funds

06 Jul 2013

CEWE COLOR AG & Co. OHG with its seat in Oldenburg has successfully renewed its borrowed capital lines. The credit line in the three-digit million range which was made available by seven banks will increase the scope for the company's successful growth.

Dr. Alexander Honrath (Partner) comprehensively advised CEWE COLOR AG & Co. OHG in a team with Arndt Kaubisch (Associate, both Capital Market Law).

Hogan Lovells Advises on the US$283.5 Million IPO of Macau Legend Development

05 Jul 2013

HONG KONG, 5 July 2013 - Hogan Lovells has advised the underwriters, which include CLSA Limited, CITIC Securities Corporate Finance (HK) Limited, Credit Suisse (Hong Kong) Limited, BOCOM International Securities Limited and CIMB Securities Limited, on the Hong Kong IPO and Rule 144A placing of Macau Legend Development Limited ("Macau Legend"), one of the leading owners of entertainment and casino gaming facilities in Macau.

The IPO was priced at HK$2.35 per share, raising US$283.5 million.

Freshfields advises on the US$938m rights issue of PICC P&C

03 Jul 2013

International law firm Freshfields Bruckhaus Deringer has advised the joint lead underwriters and joint lead bookrunners on the US$938m rights issue of PICC Property and Casualty Company Limited (PICC P&C).

PICC P&C, the Chinese state-controlled and China’s leading non-life insurer, has issued 418.2 million H-shares at HK$5.38 per share and 930 million domestic shares at RMB4.3 per share. PICC P&C has raised a total of RMB5.7bn (US$938m) from the rights issue and will use the proceeds to strengthen its capital base.

SH advises on IBEX Global Solutions PLC's admission to the AIM market

01 Jul 2013

International law firm Stephenson Harwood LLP has advised on IBEX Global Solutions PLC's (IBEX) placing and admission to trading on the AIM market of the London Stock Exchange, which occurred on Friday 28 June 2013. Market capitalisation on admission was £58.1 million. Stephenson Harwood advised IBEX's nominated adviser and joint broker Liberum Capital Limited (Liberum), and joint broker Cenkos Securities PLC (Cenkos).

Ashurst advises on A$63.1m equity raising by Sundance Energy

28 Jun 2013

Ashurst has advised Euroz Securities Limited as joint lead manager and underwriter in a A$63.1 million equity raising by Sundance Energy Australia Limited.

The A$63.1 million equity raising comprised of a A$48.1 million underwritten placement and a capped A$15 million raising under the share purchase plan by Sundance Energy.

As a result of strong investor demand, the placement was heavily oversubscribed.