Practice Areas - Equity Capital Markets Law Firms and Lawyers
Deal Date: | 24-04-2020 | Practice Area: | Equity Capital Markets |
Deal Title: | VGP Capital Increase by Way of Accelerated Bookbuild | Industry: | Real Estate Investment & Services |
Description: |
VGP raised EUR200 million EUR through a capital increase by way of an accelerated bookbuild offering.
VGP's equity issuance took the form of an issuance of 2,000,000 new shares, at a price of EUR100 per share, being a discount of 4.4% compared to the closing price on 20 April. Of these new shares, 54% were subscribed by two pre-committed reference shareholders. The remaining new shares were placed with institutional investors through an accelerated bookbuild offering (including in the United States to qualified institutional buyers within the meaning of Rule 144A. The new shares were admitted for trading on Euronext Brussels and on the Prague Stock Exchange. The offering took place on 21 April and the closing on 23 April 2020.
J.P. Morgan and KBC Securities NV acted as Joint Global Coordinators and Joint Bookrunners and Belfius Bank NV/SA acted as Joint Bookrunner. Linklaters advised J.P. Morgan, KBC Securities NV and Belfius Bank NV/SA.
|
||
Financial Center: | Brussels | Value: | 1000.01-5000.00 |
Advised Party: | Lead Manager | Law Firm | Linklaters |
Issuer Jurisdiction - | Belgium | Listing Jurisdiction - | Czech Republic |
Classification: |
Secondary Offerings and Placings![]() |
Lawyer | Arnaud Coibion |