Capital Markets in Europe

Experience

    • NLMK in its $500 million Eurobond offering of 4.70% notes due 2026.
    • Principal shareholder of PJSC Polyus in its approximately $390 million sale through an accelerated bookbuild of ordinary shares in the form of Global Depositary Shares and ordinary shares of PJSC Polyus.
    • Rexel in its €600 million offering of 2.750% notes due 2026.
    • Helios Investment Partners in fund arrangement aspects of the IPO on the London Stock Exchange of Vivo Energy, the company that distributes and markets Shell-branded fuels and lubricants to retail and commercial customers in Africa.
    • AIA Group in its $500 million offering of 3.90% notes due 2028.
    • PJSC Polyus and its indirect subsidiary Polyus Finance in the issue of $250 million senior bonds convertible into global depositary receipts representing ordinary shares of PJSC Polyus.
    • PJSC Polyus and its indirect subsidiary Polyus Finance in the $500 million Eurobond offering of 4.70% guaranteed notes due 2024.
    • Clayton, Dubilier & Rice and Ardian in the €177 million sale of shares in SPIE, representing their last remaining investment in the company.
    • Rexel in its €500 million offering of 2.125% notes due 2025.
    • Deutsche Bank in its role as the depositary bank in a Russian issuer’s $270 million block trade of shares and global depositary receipts.
    • NLMK in its $500 million Eurobond offering of 4% notes due 2024, and a related tender offer for outstanding notes due 2018 and 2019 for the aggregate principal amount of $317 million.
    • Aeroflot in the sale of 4.84% of its quasi-treasury shares through an accelerated bookbuild.
    • PJSC Polyus in a public offering of shares and depositary receipts pursuant to Regulation S/Rule 144A and listing of depositary receipts on the LSE.
    • Clayton, Dubilier & Rice and SSA Investments in the £454.3 million sale of shares in B&M.
    • AIA Group in its $500 million offering in Taiwan of 4.47% senior unsecured fixed rate notes due 2047.
    • Clayton, Dubilier & Rice and its co-investors in the €380 million sale of shares in SPIE.
    • Nornickel in its $1 billion Eurobond offering of 4.10% notes due 2023.
    • Rexel in its €300 million offering of 2.625% senior notes due 2024.
    • The Bank of New York Mellon in its role as the depositary bank in Nova Ljubljanska Banka’s €567 million offering and listing of global depositary receipts.
    • B&M in its £250 million bond offering of 4.125% senior secured notes due 2022, and its related refinancing of certain of its existing senior credit facilities.
    • Polyus Gold International in its $800 million Eurobond offering of 5.25% guaranteed notes due 2023.
    • The principal shareholder of NLMK in its block sale of shares and global depositary receipts under Rule 144A/Regulation S.
    • Polyus Gold International in its $500 million Eurobond offering of 4.699% notes due 2022.
    • PartnerRe in its €750 million debut Eurobond offering of 1.25% notes due 2026.
    • Pernod Ricard in its $600 million bond issue due 2026.
    • Reynolds Group Holdings in the issuance of $2.1 billion senior secured fixed and floating rate notes and $800 million senior notes.
    • NLMK in its $700 million Eurobond offering of 4.5% loan participation notes due 2023, and a related tender offer for its outstanding notes due 2018 and 2019 for the aggregate principal amount of $571 million.
    • Polyus Gold in a subsidiary buyback of shares and American depositary receipts for the total purchase price of $3.4 billion.
    • Rexel in its €650 million offering of 3.5% senior notes due 2023.
    • HarbourVest Partners in the admission of HarbourVest Global Private Equity to the main market of the London Stock Exchange.
    • Clayton, Dubilier & Rice in the sale of an approximately 12% stake in B&M for £408 million.
    • The London Stock Exchange on its recognition of MICEX as an acceptable overseas exchange for the purposes of the LSE’s Admission to Trading Only (ATT Only) regime.
    • Augment Investments Limited in a tender offer to acquire global depositary receipts representing ordinary shares of OJSC Pharmstandard for the total purchase price of $200 million.
    • AIA Group in the establishment of its $5 billion Rule 144A Global Medium Term Note Programme and subsequent offerings.
    • Clayton, Dubilier & Rice in the sale of an approximately 12% stake in B&M for £384 million.
    • The initial purchasers in Liberty Mutual's €750 million debut Eurobond offering of 2.75% notes due 2026.
    • Clayton, Dubilier & Rice as the majority shareholder of Exova in the company’s £220 million initial public offering.
    • Pernod Ricard in the issuance of €850 million 2.000% Notes due 2020.
    • AIA Group in its $1 billion Rule 144A placement in the United States.
    • Norilsk Nickel in its $1 billion offering of 5.55% Loan Participation Notes due 2020 pursuant to Regulation S/Rule 144A.
    • Norilsk Nickel International, a wholly-owned subsidiary of Norilsk Nickel, in a $4.5 billion offer to purchase for cash common shares and American depositary receipts of Norilsk Nickel.
    • The executive management and certain other shareholders of Arrow Global Group in the company's £357 million initial public offering.
    • Norilsk Nickel in its debut $750 million Eurobond offering of 4.375% notes due 2018.
    • Uralkali in its debut $650 million Eurobond offering of 3.723% notes due 2018.
    • The executive directors of HellermannTyton in the company's £182 million initial public offering.
    • Rexel in its concurrent €650 million offering of 5.125% senior notes and $500 million offering of 5.250% senior notes, both due 2020.
    • Baring Vostok Capital Partners in the sale by Baring Vostok-managed funds and other shareholders of $607 million of shares in Yandex, a Nasdaq-listed company.
    • NLMK in its $800 million Eurobond offering of 4.45% notes due 2018.
    • Jenington International in its approximately $1 billion offer to purchase for cash issued and outstanding shares and American depositary receipts of OJSC Polyus Gold.
    • Principal shareholders of Uralkali in the sale of bonds exchangeable into 14.5% of the issued ordinary shares of Uralkali valued in excess of $3 billion.
    • Reynolds Group in its $3.25 billion offering of 5.75% senior secured notes due 2020, at the time the third-largest single-tranche issue on record in the high-yield market and the largest issue since 2008.
    • NLMK in its debut $500 million Eurobond offering of 4.95% notes due 2019.
    • Uralkali in relisting its global depositary receipts on the London Stock Exchange following its merger with Silvinit.
    • Itaú Unibanco in its offering of $1.87 billion of 5.125% subordinated notes due 2023.
    • Polyus Gold International in its $9 billion premium listing on the London Stock Exchange.
    • SPIE in the issuance of €375 million 11% high yield bonds due 2019.
    • Rexel in its $500 million offering of 6.125% senior notes due 2019.
    • Investors in the private placement of $50 million senior notes issued by Zollner Elektronik, marketed by Deutsche Bank Securities as agent.
    • The Prudential Insurance Company of America in the establishment of a 2011 shelf facility for the issuance of additional senior notes by Zollner Elektronik AG.
    • Sberbank in establishing a sponsored ADR facility and admission to trading on the London Stock Exchange.
    • Société Générale as the global coordinator of Axway’s €300 million initial public offering.
    • A fund managed by HarbourVest Partners, as selling shareholder, in the $228 million initial public offering and Nasdaq OMX Stockholm listing of Transmode Holding.
    • Baring Vostok Capital Partners, as selling shareholder in the $1.4 billion Nasdaq initial public offering by Yandex, the leading internet company and most popular search engine in Russia.
    • Rexel in its €500 million offering of 7% senior notes due 2018.
    • Melco Crown Entertainment in its offering of RMB2.3 billion (approximately $355 million) of 3.75% bonds, the first RMB-denominated bond to be issued by a company listed on the NASDAQ.
    • Reynolds Group in the $3 billion senior secured and unsecured notes issuance and $2.02 billion term loan senior secured financing to finance its $6 billion acquisition of Pactiv.
    • American International Group and AIA Group in AIA’s spin-off from AIG and $20.51 billion initial public offering and listing in Hong Kong, constituting the largest IPO in Hong Kong’s history and the world’s largest IPO in the insurance sector.
    • Exova in its £155 million high-yield offering of 10.5% senior notes.
    • KazakhGold Group in its $100 million private placement to international investors.
    • Reynolds Group in its $1 billion senior notes issuance and a $800 million term loan senior secured financing for the acquisition of the Evergreen businesses and the Whakatane Mill.
    • Itaú Unibanco Holding in its establishment of a $10 billion medium term note program and ongoing U.S. regulatory matters.
    • Rexel in its €650 million offering of 8.25% notes due 2016.
    • OGK-3 in the “dual track” strategic sale of an additional share issue valued at $3.1 billion.
    • RusHydro in the listing of its GDRs and ADRs on the London Stock Exchange.
    • Hardy Underwriting Bermuda in its £40.3 million placing and open offer of new common shares listed on the London Stock Exchange.
    • Catlin Group in its £200 million rights issue, underwritten by JP Morgan and UBS.
    • Hardy Underwriting Group plc in its redomiciliation to Bermuda by Scheme of Arrangement under s.425 of the Companies Act and the admission of Hardy Underwriting Bermuda Limited to listing on the London Stock Exchange.
    • Volga TGC (TGK-7) in its “dual track” offering of 12.9% of its shares and subsequent 10.9 billion ruble sale to a strategic investor.
    • Novae Group in its £100 million Tier 2 debt raising and offering on the London Stock Exchange.
    • HarbourVest Global Private Equity in the $830 million global initial public offering and listing on Euronext Amsterdam of its managed fund-of-funds vehicle, including the acquisition of $679 million of existing limited partnership interests.
    • Swiss Re in its €800 million multi-year, multi-peril parametric index European CAT bond program and its associated three-year reinsurance treaty with Groupama.
    • Norilsk Nickel in its $2.7 billion sale of shares in an accelerated bookbuild.
    • OGK-2 in its $1 billion public offering of shares on the London Stock Exchange.
    • Bureau Veritas in its €7 billion initial public offering and listing on Euronext Paris.
    • RAO UES in the $49 billion spin-off of its power-generating assets to its shareholders.
    • Citigroup and Crédit Suisse in the €1.7 billion initial public offering and listing on Euronext Paris of shares by Paris Re Holdings Limited, a Stone Point Capital portfolio company.
    • Rexel and its shareholders, Clayton, Dubilier & Rice, Eurazeo and BAML Private Equity, in the €6.5 billion initial public offering of Rexel shares and its listing on Euronext Paris.
    • Catlin Insurance Company in its $600 million offering of non-cumulative perpetual preferred shares.
    • Novae Group in its £103 million rights issue and admission to listing on the London Stock Exchange.
    • Polyus Gold International in the listing of its ADRs on the London Stock Exchange.
    • Chelyabinsk Zinc Plant in its $314 million initial public offering of shares and global depositary shares and its listing on the London Stock Exchange.
    • Legrand and its shareholders, KKR and Wendel, in the €7 billion initial public offering of Legrand and subsequent sell-downs by KKR and Wendel.
    • Catlin Group in its share placing through JPMorgan and UBS to raise £38 million from institutional investors in the U.S. and the UK.
    • Polyus Gold International in its admission to listing and trading American depositary shares on the London Stock Exchange, the first-ever LSE listing of depositary receipts without an initial public offering.
    • NLMK in the $609 million secondary offering by its controlling shareholder of shares and global depositary shares, and the admission of the company to the Official List and to trading on the London Stock Exchange.
    • Deutsche Telekom in its sale of a 15% stake and a 10% stake in leading Russian cellular operator Mobile TeleSystems, structured as a public offering of global depositary receipts and the sale of shares on the Russian stock exchange to Russian and foreign investors for a total of more than $3.2 billion.
    • Aeroflot in the establishment of its Level I ADR programme.
    • Norilsk Nickel in its spin-off of $6 billion worth of energy assets.
    • Norilsk Nickel in its $1 billion Eurobond offering of 6.625% notes due 2022.
    • Rexel in its €500 million offering of 3.250% senior notes due 2022.
    • NLMK in a tender offer in respect of its $800 million 4.45% loan participation notes due 2018 and $500 million 4.95% loan participation notes due 2019 (issued by Steel Funding Limited) in the aggregate principal amount of $121.7 million.
    • Ray Investment, whose shareholders were funds controlled by Clayton, Dubilier & Rice, Eurazeo, BAML Capital Partners and Caisse de Dépôt et Placement du Québec, in a series of accelerated book-building offerings of Rexel shares valued in excess of €3.3 billion.
    • Polyus Gold international in its debut $750 million Eurobond offering of 5.625% notes due 2020.
    • Pernod Ricard in its $1.5 billion offering of 4.45% fixed rate notes due 2022, $1 billion offering of 5.75% fixed rate notes due 2021, $850 million offering of 2.95% notes due 2017, $800 million offering of 4.25% notes due 2022, and $850 million offering of 5.50% notes due 2042.
    • Alstom in the establishment of its EMTN Programme and the issue of €500 million in notes under the Programme, €400 million floating rate bond issue and €600 million offering of floating rate notes due 2009.
    • Novae Group in its return of £32.9 million of surplus capital to shareholders through an innovative B and C share scheme.
    • Norilsk Nickel in the $2 billion spin-off of its gold assets and creation of Polyus Gold, a major international gold company with a market capitalisation in excess of $9 billion.
    • UBS in two "first-of-a-kind" derivatives transactions for total-return equity swaps based on Russian equities.
    • Principal shareholders of Sibneft in a private placement of Common Shares and ADRs.
    • OGK-6 in a “dual track” offering of 17% of shares with a subsequent sale to a strategic investor for 21 billion rubles.
    • OGK-2, OGK-3, OGK-5, OGK-6, TGK-5, TGK-6, TGK-7, TGK-8, Inter RAO UES, RusHydro and FSK UES in matters relating to the launch of their respective depositary receipt programmes and the issue of depositary receipts, in part in the reorganisation of RAO UES of Russia.
    • Numerous major Russian telecommunications and natural resources companies in establishing and restructuring their ADR programmes.