Debt Capital Markets

• The Bidvest Group Limited – advised the joint bookrunners and dealer managers in $1.3 billion of issuances by The Bidvest Group Limited
• Clarivate Plc – advised underwriters in connection with Clarivate Plc’s offering of U.S.$1.0 billion senior secured notes and separate offering of U.S.$1.0 billion senior secured notes
• Ferguson Finance plc – advised underwriters in connection with Ferguson Finance plc’s offering of U.S.$600 million notes
• Glencore – advised Glencore Funding LLC, as issuer, and Glencore plc, Glencore International AG and Glencore (Schweiz) AG, as guarantors, on various Rule 144A bond issuances
• Haya Real Estate – advised Haya Real Estate in a dividend recapitalization through a U.S. dollar high yield notes issuance and a Euro revolving credit facility
• Liquid Intelligent Technologies – advised Liquid Intelligent Technologies on its successful raising of $690 million equivalent of new debt financings in the form of a $300 million Regulation S / Rule 144A issuance of new senior secured high yield notes, $360 million equivalent of new senior secured term loans and a $30 million new senior secured revolving credit facility
• Metinvest B.V. – advised underwriters in connection with Metinvest B.V.’s debut dual-currency offering and tender offer, a subsequent Euro bond issuance and a tender offer and consent solicitation
• Procter & Gamble Company – advised underwriters in connection with Procter & Gamble Company’s €1 billion offering of two tranches of notes: €500 million of 2.900% notes due November 3, 2033, and €500 million of 3.650% notes due November 3, 2045
• Türkiye Sınai Kalkınma Bankası A.Ş. – advised TSKB on its Global Medium-Term Note Programme establishment, update and several drawdowns
• USAA Capital Corporation – advised purchasing agents in connection with USAA’s program update and subsequent offerings

Sovereign Bond Issuances

• Arab Republic of Egypt – advised underwriters on the establishment, update and subsequent drawdown of a Global Medium-Term Note Programme by the Arab Republic of Egypt
• Government of the Sultanate of Oman – advised underwriters on the establishment and subsequent drawdown of a Global Medium-Term Note Programme by the Government of the Sultanate of Oman and advised on further drawdowns under the Government of the Sultanate of Oman’s Sukuk Programme
• Republic of Uzbekistan – advised underwriters on bond issuances by the Republic of Uzbekistan

Equity Capital Markets

• ASA International Group Plc – advised ASA International Group Plc in connection with its initial public offering and premium listing on the London Stock Exchange
• Clarivate Plc. – advised underwriters in connection with Clarivate Plc’s U.S.$1.0 billion registered primary offering of 28,846,154 ordinary shares and secondary offering of 9,615,384 ordinary shares by certain affiliated funds of Onex Partners Advisors LLC and Baring Private Equity Asia Pte Ltd, totaling 38,461,538 ordinary shares
• Clarivate Plc. – advised underwriters in connection with Clarivate’s U.S.$1.25 billion registered primary offering of 12,500,000 5.25% Series A mandatory convertible preferred shares. The underwriters also exercised, in full, an overallotment option to purchase an additional 1,875,000 convertible preferred shares
• Karooooo Ltd. – advised underwriters in connection with the initial public offering and Nasdaq listing of Karooooo Ltd.
• LumiraDx Limited – advised LumiraDx Limited in connection with its public offering of common shares to raise gross proceeds of U.S.$75.25 million
• Oakley Capital Investments Limited – advised Oakley Capital Investments Limited in the structuring and implementation of a capital raise by Time Out Group plc.
• Public Policy Holding Company – advised Public Policy Holding Company on its US initial public offering and the dual listing of its shares on the Nasdaq Global Market
• Saga plc – Advised underwriters in connection with a placing and open offer by Saga plc
• Advised a digital commerce and product design business on its intended direct listing on the Nasdaq stock exchange
• Advised underwriters in connection with an intended initial public offering of a gaming company

Corporate M&A/Hybrid Capital Markets Activity

• Bally’s Corporation – advised Bally’s Corporation on the combination of its International Interactive business with Intralot S.A.’s global lottery and gaming businesses, including the related debt and equity financing transactions and a preceding mandatory tender offer
• Nant Capital, LLC – advised Nant Capital, LLC on its equity investment in Directa Plus plc which was effected by way of a Rule 9 Waiver to the City Code on Takeovers and Mergers
• Standard General – advised Standard General on its innovative investment into Intralot S.A., an Athens-listed Greek company, through a complex rights offering backstop arrangement
• TowerBrook Capital Partners – advised TowerBrook Capital Partners on its majority equity investment in JSM Group Services Ltd.