Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 01-06-2020 | Practice Area: | Equity Capital Markets |
| Deal Title: | IWG plc - Cashbox Placing of Ordinary Shares | Industry: | Real Estate Investment & Services |
| Description: |
Latham and Watkins advised the joint global coordinators and joint bookrunners on a GBP320 million cashbox placing by IWG plc, the leading global operator of workspace brands.
Concurrently, IWG conducted a retail offer via PrimaryBid of new ordinary shares, giving retail investors the opportunity to participate in its equity fundraising alongside the placing. The net proceeds of the placing and retail offer will be used by IWG to pursue enhanced organic expansion from increased demand for flexible workspaces, rescue situations and M and A opportunities.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Lead Manager | Law Firm | Latham & Watkins |
| Issuer Jurisdiction - | United Kingdom | Listing Jurisdiction - | United Kingdom |
| Classification: |
Secondary Offerings and Placings LSE: Main Exchange: |
Lawyer | Chris Horton |
