Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 12-06-2015 | Practice Area: | Equity Capital Markets |
| Deal Title: | First Reserve Corporation Offering of Glencore Shares | Industry: | Mining |
| Description: |
Simpson Thacher represented affiliates of First Reserve Corporation on the sale of 70,046,228 ordinary shares in Glencore plc.
The secondary offering, which was effected pursuant a combination of (i) a block trade by way of an accelerated book build; and (ii) an equity selling program (dribble), which, in aggregate, raised net sale proceeds of approximately GBP202 million.
The London-based Simpson Thacher team included Adam Signy and Charles Leeming.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Issuer,Sellers | Law Firm | Simpson Thacher |
| Issuer Jurisdiction - | Switzerland | Listing Jurisdiction - | Switzerland |
| Classification: |
Secondary Offerings and Placings LSE: Main Exchange:Block Placings |
Lawyer | Adam Signy |
