DLA Piper has advised China Merchants Securities (HK) Co., Limited, as sole sponsor, sole global coordinator and sole bookrunner on CSMall Group Limited's (CSMall) IPO and listing on the Main Board of the Hong Kong Stock Exchange.
Clifford Chance has advised a bank syndicate made up of UniCredit Bank AG and Raiffeisen Bank International AG on a hybrid bond issue by EGGER Holzwerkstoffe GmbH.
With a volume of EUR 150 million, the bond will bear interest at 4.875 per cent during the first five years and can be redeemed prematurely by the issuer in December 2022 at the earliest.
EGGER Holzwerkstoffe GmbH, based in St. Johann in Tyrol, Austria, is one of the leading European companies in the wood-based materials industry.
Hunton & Williams (Thailand) Limited assisted Asia Biomass Public Company Limited (SET:ABM), Thailand’s largest biomass feedstock producer, in the issuance and listing of 75 million newly issued shares equivalent to 25 per cent of its total registered capital on the Market of Alternative Investment (MAI). The entire newly issued shares were allocated to the general public via an Initial Public Offering (IPO) at THB 1.80 each and THB 135 million in total, from February 19 to 21, 2018. The first day of trading was February 27, 2018.
Herbert Smith Freehills has advised Citigroup, Morgan Stanley and Stifel as joint global coordinators and joint bookrunners, Citigroup and Morgan Stanley as joint sponsors and RBC Capital Markets, Natixis and Societe Generale Corporate & Investment Banking as joint bookrunners on the English/US aspects of the £330 million (US$460 million) IPO of Energean Oil & Gas plc and its premium listing on the London Stock Exchange.
A McGuireWoods London corporate team played a significant role in helping client Endomines AB, a mining and exploration company based in Sweden, complete the recent US$31.25 million purchase of U.S.-based TVL Gold and five gold mines it held in Idaho.
In addition to the acquisition, McGuireWoods assisted in the approximately €20 million equity rights issue Endomines undertook to finance part of the transaction.
Under the deal, one third of the total purchase is paid in cash and the remainder is paid in shares through a convertible loan.
The Firm recently represented the international managers in connection with a follow-on offering of Nippon Prologis REIT, Inc., which included an international offering to institutional investors pursuant to Rule 144A and Regulation S. The offering raised approximately ¥27.6 billion (approximately US$263 million) for the issuer, which was used with bank financing and cash on hand toward the repayment of bridge loans entered into to acquire logistics facilities and will be used to fund the acquisition of additional logistics facilities.
Simpson Thacher represented the international joint lead managers, Citigroup, Mizuho International plc and J.P. Morgan, in an approximately ¥129 billion (approximately US$1.2 billion) secondary offering of shares of Yakult Honsha Co., Ltd. (“Yakult”). The selling shareholder in the global offering was Danone Probiotics Pte. Ltd. The global offering included an international offering to institutional investors pursuant to Rule 144A and Regulation S.
Norton Rose Fulbright has advised the banking consortium led by Citigroup and J.P. Morgan, as joint global coordinators, on the initial public offering of Godewind Immobilien AG (Godewind). Listing will be on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) with start of trading of the shares on or about April 5, 2018.
Global law firm Norton Rose Fulbright has advised financial services firm JTC PLC (JTC) on its admission to trading on the main market of the London Stock Exchange and associated £243.8 million institutional placing.
The IPO placing raised net proceeds of £218.2 million for the selling shareholders and £15.1 million for JTC. JTC was valued at £310 million at admission on March 14, 2018.
The financial adviser was Zeus Capital, the sponsor was Stockdale Securities, and Zeus Capital and Numis Securities were joint bookrunners.
Travers Smith LLP has advised Peel Hunt LLP and WG Partnership LLP, as joint bookrunners in connection with the £20.5 million placing of new shares by Oxford BioMedica plc.
Oxford BioMedica is a leading gene and cell therapy company focused in developing life changing treatment for serious diseases.
The Travers Smith team comprised Corporate Finance Partners Neal Watson and Dan McNamee, Corporate Finance Senior Associates Tom Coulter and Brent Sanders, and Corporate Finance Associate Stephanie Poulier.