Slaughter and May advised SEGRO – placing of shares

Slaughter and May advised SEGRO plc (SEGRO) on a placing of approximately 9.9% of its existing issued share capital, which raised gross proceeds of approximately £325 million (the Placing). The Placing, which was announced on 2 September, was conducted by an accelerated book-building process. Bank of America Merrill Lynch and UBS Limited acted as joint bookrunners and corporate brokers in connection with the Placing.

Slaughter and May supported SEGRO’s in-house team, Elizabeth Blease and Stephanie Murton. Paul, Weiss, Rifkind, Wharton & Garrison LLP advised SEGRO on the US law aspects of the Placing, and Osler, Hoskin and Harcourt LLP advised SEGRO on the Canadian law aspects of the Placing.

David Johnson Partner
Sally Wokes Partner
William Watson Senior Consultant