Slaughter and May, working as an integrated team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, is advising Arrow Global and its principal shareholder, RBS Special Opportunities Fund, on Arrow Global's intention to proceed with an initial public offering of its ordinary shares, as announced on 10 September 2013.

Arrow Global is one of the UK's largest and fastest growing consumer debt purchasers and providers of receivables management solutions. It is a regulated business that uses its proprietary data and analytics capabilities to acquire and manage defaulted consumer debt portfolios from financial institutions and other credit providers. Arrow Global had 3.4 million customers spread across approximately 5 million individual purchased accounts as at 30 June 2013.

The intention is that Arrow Global Group PLC will list on the premium listing segment of the Official List. The offer will comprise the sale of a portion of Ordinary Shares held by RBS Special Opportunities Fund, certain other shareholders and management plus a primary issue of new Ordinary Shares by Arrow Global to raise gross proceeds of approximately £50 million. The net proceeds of the offer received by Arrow Global are intended to be used for future portfolio acquisitions.

Goldman Sachs International is acting as Global Co-ordinator, Sponsor and Joint Bookrunner on the offer and Jefferies is acting as Joint Bookrunner. Canaccord and Numis are acting as Co-Lead Managers. Lazard is acting as financial adviser to Arrow Global in connection with the offer.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is advising on U.S law.

CONTACTS

Corporate and Commercial: David Johnson (partner), Richard Smith (partner), Susannah Macknay (associate), Jeremy Chew (associate), Anisa Hanif (associate), Harry Hecht (associate), Catherine Hau (associate), Laura Houston (associate), James Foster (trainee), Dan Tierney (trainee); Financing: Guy O'Keefe (partner), George Silber (associate); Financial Regulation: Jan Putnis (partner), Kristina Locmele (associate); Pensions and Employment: Roland Doughty (partner), Annie Popplewell (associate); Tax: Jeanette Zaman (partner), Ceinwen Rees (associate)