Legal DealFolio - Braas Monier Building Group Initial Public Offering

Allen Overy LLP advised the syndicate banks BNP Paribas, J.P. Morgan and UBS Investment Bank (joint global coordinators and joint bookrunners), as well as Berenberg and Goldman Sachs (joint bookrunners), on the initial public offering by chimney and rooftile manufacturer Braas Monier Building Group S.A. (Braas Monier). At an issue price of EUR 24.00 per share, Braas Monier has a market capitalisation of approximately EUR 940 million. Under the offer, a total of 4,166,667 new shares were issued, and an additional 15,416,667 shares were placed from the holdings of existing shareholder Monier Holdings S.C.A. The placement volume is thus approximately EUR 470 million. Taking the greenshoe option into account, the number of shares offered increases to 22,520,835, with the placement volume growing accordingly to EUR 541 million. On 25 June 2014, the Braas Monier shares were traded for the first time on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The Allen Overy team was jointly led by partner Dr. Oliver Seiler and counsel Dr. Knut Sauer (both capital markets, Frankfurt), and comprised partners Gernot Wagner (US corporate finance, Frankfurt), Dr. Heike Weber (tax, Frankfurt), Frank Mausen and counsel Paul Peporte (both capital markets, Luxembourg) and associates Dr. Alexander Schlee (capital markets, Frankfurt) and Robert Steinmetzer (corporate, Luxembourg).

Deal Date:	24-06-2014	Practice Area:	Equity Capital Markets
Deal Title:	Braas Monier Building Group Initial Public Offering	Industry:	Construction & Materials
Description:	Allen Overy LLP advised the syndicate banks BNP Paribas, J.P. Morgan and UBS Investment Bank (joint global coordinators and joint bookrunners), as well as Berenberg and Goldman Sachs (joint bookrunners), on the initial public offering by chimney and rooftile manufacturer Braas Monier Building Group S.A. (Braas Monier). At an issue price of EUR 24.00 per share, Braas Monier has a market capitalisation of approximately EUR 940 million. Under the offer, a total of 4,166,667 new shares were issued, and an additional 15,416,667 shares were placed from the holdings of existing shareholder Monier Holdings S.C.A. The placement volume is thus approximately EUR 470 million. Taking the greenshoe option into account, the number of shares offered increases to 22,520,835, with the placement volume growing accordingly to EUR 541 million. On 25 June 2014, the Braas Monier shares were traded for the first time on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The Allen Overy team was jointly led by partner Dr. Oliver Seiler and counsel Dr. Knut Sauer (both capital markets, Frankfurt), and comprised partners Gernot Wagner (US corporate finance, Frankfurt), Dr. Heike Weber (tax, Frankfurt), Frank Mausen and counsel Paul Peporte (both capital markets, Luxembourg) and associates Dr. Alexander Schlee (capital markets, Frankfurt) and Robert Steinmetzer (corporate, Luxembourg).
Financial Center:	Frankfurt	Value:	100.01-500.00
Advised Party:	Lead Managers	Law Firm	Allen & Overy
Issuer Jurisdiction-	Germany	Listing Jurisdiction-	Germany
Classification:	Initial Public Offerings Frankfurt Stock Exchange: Prime Standard	Lawyer	Oliver Seiler

Practice Areas -

Equity Capital Markets Law Firms and Lawyers

Practice Areas - Equity Capital Markets Law Firms and Lawyers