Capital Markets

Our capital markets practice provides wide-ranging equity and debt capital markets capabilities. We operate a full-service practice used to handling transactions regardless of size and complexity.

We act for issuers, sponsors, shareholders, management, underwriters, managers, and trustees. We understand capital market transactions from every angle, including:

• initial public offerings on the Main Market and AIM;
• secondary fundraisings, including placings, rights issues and open offers;
• dual track processes and the re-domiciliation of corporate headquarters;
• listed investment funds and real estate investment trusts (REITs);
• capital markets transactions undertaken by UK plcs in overseas jurisdictions;
• capital markets transactions alongside M&A deals;
• bond issuances, including MTNs, high-yield bonds, convertibles and exchangeables;
• project bonds and securitisation structures; and
• ongoing corporate governance and regulatory obligations.

Work highlights include advising:

• Valterra Platinum, a South-African incorporated platinum group metals mining, production and marketing company, on its demerger from Anglo American plc and £7.5bn listing on the London Stock Exchange’s Main Market;
• Ferrari Group PLC, one of the global leaders in the worldwide shipment of luxury goods, on the English law aspects of its €785m IPO on Euronext Amsterdam;
• Main Market traded regional office specialist, Regional REIT Limited, on an underwritten open offer to raise £110.5m;
• Supermarket Income REIT, a supermarket property investor, on its London IPO and a secondary listing on the Johannesburg Stock Exchange;
• Yew Tree Overseas Limited, Lawrence Stroll’s personal holding vehicle, on its participation in a number of placings by Aston Martin Lagonda Global Holdings plc; and
• the senior management team of Genius Sports Group, the leading provider of sports data and technology for betting operators, on its NYSE IPO by way of a business combination with dMY Technology Group, Inc. II.