Legal Business

Deal watch: Corporate activity in October 2014

MAGIC CIRCLE DUO TAKE KEY ROLES ON MULTIBILLION TRAIN LEASE COMPANY SALE

Freshfields Bruckhaus Deringer acted for the sellers, a consortium of asset management firms, in the sale of Porterbrook Rail Finance, one of the three major train leasing companies in the UK. Linklaters advised the buyers, which included Hastings Funds Management and Allianz Capital Partners.

 

A&O AND FRESHFIELDS ACT ON VIRGIN MONEY’S DELAYED IPO

Allen & Overy advised Virgin Money as the ‘challenger bank’ announced its intention to float on the London Stock Exchange, though the company put back its target date as share prices dropped. Freshfields Bruckhaus Deringer was appointed for the underwriters.

 

UK’S RENMINBI SALE SEES A&O AND CC TAKE LEADING ROLES

The UK government’s inaugural renminbi bond issue, the first by a non-Chinese issuer, saw Clifford Chance advise HM Treasury and the Bank of England, the first by a non-Chinese sovereign issuer. Allen & Overy acted for the joint arrangers on the transaction, including Bank of China.

 

CITY QUARTET SEE JIMMY CHOO IPO GET AWAY

Hogan Lovells, Linklaters, Clifford Chance (CC) and Freshfields Bruckhaus Deringer all acted on Jimmy Choo’s successful IPO. Hogan Lovells and Linklaters advised Jimmy Choo with Freshfields instructed by the company’s owner, private investment firm JAB Luxury. CC represented the underwriters.