Capital Markets

Our key experience includes advising:

PRADA, one of the world's most prestigious fashion and luxury brand groups, on its initial public offering to raise US$2.4 billion and the listing of its shares on the Hong Kong Stock Exchange.

Standard Life plc on its initial public offering on the London Stock Exchange which raised approximately £2.2 billion.

The UK Government on a large number of privatisation share offerings.

Prudential on a proposed rights issue to raise US$ 20 billion and the issuance of US$ 5 billion senior debt to finance the cash component of the combination with AIA Group.

Standard Chartered, as international counsel, on a public issue and listing in India of Indian Depository Receipts. Standard Chartered is the first overseas company to list in India.

Unilever on its first issuance of Renminbi denominated notes (known in the market as dim sum bonds). Unilever's Renminbi notes are the first issued by a European multinational and the first by a company in the FMCG sector.

IFFIm as the Issuer in connection with the issue of ZAR 1.7 billion notes (with a maturity of 2 years) under its Global Debt Issuance Programme to Japanese retail investors in Japan (uridashi), arranged by Daiwa Securities SMBC Co. Ltd. At the time of issuance the notes were the largest South African Rand denominated uridashi ever issued. The bonds were sold out within the one week selling period.

Abbey National Treasury Services plc on the establishment of US$5 billion SEC Registered US Shelf Facility, and on its issue of US$1.5 billion fixed rate senior notes and US$1 billion floating rate senior notes under it.

Banco Santander on its issue of US$2.8 billion 6.75% mandatorily exchangeable bonds due 2013. The bonds are exchangeable for a 5% stake in Banco Santander Brasil.

British Airways on its issue of £350 million 5.8% senior unsecured convertible bonds.

Government of Romania on its issue of EUR1 billion 5% notes due 2015.