On March 1, 2019, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed its previously announced bought deal offering of common shares, which includes the exercise in full by the underwriters of their option to purchase additional shares, for gross proceeds of approximately $23 million.
HONG KONG—FEBRUARY 26, 2019—O’Melveny recently represented Dexin China Holdings Company Limited in its US$190 million initial public offering on the Main Board of the Hong Kong Stock Exchange (2019.HK).
CCB International Capital Limited is the sole sponsor and the sole global coordinator of the IPO. CCB International Capital Limited, BOCOM International Securities Limited and China Everbright Securities (HK) Limited are the joint bookrunners of the IPO.
Davis Polk advised CStone Pharmaceuticals in connection with its initial public offering and listing on the Hong Kong Stock Exchange and an international offering in reliance on Rule 144A and Regulation S. The gross proceeds from the offering amounted to approximately HK$2.24 billion (US$285.05 million) prior to any exercise of the over-allotment option.
Ashurst is advising longstanding client, Interserve plc, on its proposed deleveraging plan, which was formally announced on February 27th having been agreed with all of Interserve's lenders, bonding providers and pension trustee.
Jobcase.com, an open-access platform dedicated to empowering people in their work-lives, has closed a $100 million in growth equity round led by Providence Strategic Growth (PSG). PSG is an affiliate of Providence Equity Partners L.L.C., a global private equity and credit investment firm with $57 billion in capital under management. Goodwin’s Technology practice is advising Jobcase.com.
The Republic of Turkey has closed a $2 billion Sukuk offering, its sixth such financing transaction in recent years. The latest Sukuk, which was again structured to comply with Shariah law, involved the issuance of lease certificates representing interests in real estate assets owned by the Republic that were transferred to the issuer and leased back to the Republic.
Arnold & Porter also represented Turkey in its five previous Sukuk transactions. The firm has represented the Republic of Turkey in global finance matters for more than 20 years.
Clifford Chance Amsterdam advised long-term firm client CACEIS, European leader in asset servicing, on a EUR 188 million public offer for all issued shares and depositary receipts of shares in the capital of Kas Bank N.V, a specialist in the field of custody and administration services.
THQ Nordic completes an issuance of 11 million class B shares, raising proceeds of approximately SEK 2 billion before transaction costs.
The subscription price of SEK 190 per share has been determined through a so-called “accelerated book-building” procedure led by Carnegie Investment Bank AB and Nordea Bank Abp, filial i Sverige.
This issuance of 1.25 billion 3.455% Senior Guaranteed Notes due 2029 represents the first 10-year benchmark note that TOTAL has issued in the US public market.
Latham & Watkins has advised TOTAL, a major energy player active in more than 130 countries, in connection with its registered public offering of $1.25 billion 3.455% Senior Guaranteed Notes due 2029 by its subsidiary Total Capital International as announced on February 11, 2019. This issuance represents the first 10-year benchmark note that Total has issued in the US public market.
Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm has advised CCB International Capital Limited as the sole sponsor and sole global coordinator on Dexin China Holdings Company Limited’s (“Dexin China”) US$189 million global offering and IPO on the Main Board of the Hong Kong Stock Exchange.