Linklaters has advised Banco Sabadell on the issue of €500 million of perpetual securities convertible into shares eligible as additional tier 1 (AT1) capital. The applicable interest rate will reset at five-year intervals starting on 18 january 2029 on the basis of the five-year euro midswap rate for that period. The bond will be issued […]
Tags : Borja Oñoro
Linklaters has advised Ardian on the sale of its 15.6% stake in eDreams Odigeo through a placement of its shares with institutional investors. Ardian is a leading global private investment house with $140 billion of assets under management or advice across Europe, North America and Asia. Through this agreement, the Ardian fund exits eDreams after […]
Linklaters has advised Volkswagen and Porsche on Porsche’s IPO and the share purchase agreement with Porsche Automobil Holding. In the context of the IPO, a total of 113,875,000 preferred shares, including over-allotments from the portfolio of Volkswagen were placed with investors. Volkswagen had set the placement price of the preferred shares of Porsche to be […]
