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Reed Smith advises joint bookrunners on Tritax EuroBox’s oversubscribed £300 million Initial Public Offering

10 Jul 2018

LONDON – Reed Smith has advised Jefferies International Limited and Kempen & Co. N.V., in connection with the admission to the Specialist Funds Segment of London Stock Exchange plc of Tritax Eurobox plc, a new alternative investment fund focussed on the European logistics market. Jefferies and Kempen acted as joint global coordinators, joint bookrunners and joint financial advisers.

Tritax EuroBox successfully raised gross proceeds of £300 million, and was significantly oversubscribed. As a result, a scaling back exercise was undertaken with respect to applications received.

The fund will be investing the net proceeds of the Issue in acquiring a portfolio of well-located Continental European logistics real estate assets.

The transaction was led by partner, and co-head of Reed Smith’s global corporate group Delphine Currie. Client relationship partner for Jefferies, Daniel Winterfeldt supported on US securities alongside associate Trish O’Donnell. The full team included associates Johnathan Webber and Chloe Man and trainee solicitor Dani Khang.

This transaction marks a continued relationship between Reed Smith and Jefferies. In July 2017, Reed Smith first advised Jefferies on an IPO for Residential Secure Income, a REIT operating in the social housing sector.

Related Professionals: Delphine Currie Daniel K. Winterfeldt Trish O'Donnell Johnathan P. Webber Chloe W. Man

Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Finance & Banking
News Category
M&A
Banking & Finance