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Sub practice
Sub practice

Equity Capital Markets

We have longstanding experience of advising on complex capital raisings.

Clients looking to raise capital in the financial market turn to us to provide sophisticated structuring solutions. Our experience and knowledge means we are able to offer insightful and tailored legal advice coupled with efficient project management.

Our advice covers the full range of equity financing structures including initial public offerings, rights issues, secondary offerings, equity bridge financing, private placements and reverse takeovers. The majority of our transactions are cross-border in nature and require a co-ordinated approach across two or more of our offices.

Deeply embedded within our ECM practice, is a fully integrated U.S. offering. Our U.S. corporate finance lawyers advise on all aspects of U.S. securities law including SEC-registered offerings, Rule 144A and Regulation S offerings, American and Global Depositary receipts offerings, high-yield offerings, convertible bonds and equity warrants.

PD III – the Prospectus Regulation

The Prospectus Regulation, known as PD III, is intended to improve the functioning of the internal capital markets and guarantee investor protection. Whilst PD III is now in application, it remains to be seen whether the intended enhancements will achieve these aims.

News & insights

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Article: 16 OCTOBER 2020

Equity capital markets in 2020: gaining momentum

After a soft start to the year in EMEA, we saw a large number of accelerated equity capital market raises, particularly from UK listed companies, and which over the summer transitioned into a number…

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Latest thinking - Back to the future

Publications: 08 DECEMBER 2020

Brexit Podcast: Preparing for the end of the Brexit transition period - key points for issuers of shares

With Brexit proper fast approaching, UK listed issuers of shares need to ensure they are prepared for the end of the transition period. 

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Allen & Overy advises on Shimao Services’ spin-off from Shimao Group and its separate listing on the Hong Kong Stock Exchange

News: 30 OCTOBER 2020

Allen & Overy advises on Shimao Services’ spin-off from Shimao Group and its separate listing on the Hong Kong Stock Exchange

Allen & Overy (A&O) has advised the underwriters in relation to the spin-off of Shimao Services Holdings Limited (Shimao Services) from Shimao Group Holdings Limited (Shimao Group) and its separate…

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Allen & Overy announces new global Banking and Corporate practice leaders

News: 27 OCTOBER 2020

A&O advises Ceská zbrojovka Group SE on its initial public offering and listing on the Prague Stock Exchange

Allen & Overy advised CZG – Ceská zbrojovka Group SE (CZG), a leading European producer of firearms, on its initial public offering and the listing of its shares on the Prime Market of the Prague…

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Growth Capital: the path to achieving scale

Allen & Overy is an engaged and active player in the growth company ecosystem. Our depth of experience in acting for scaling companies and their investors enables us to get to the heart of what is important for each business and its backers when providing growth capital.