|c. €250 million
|Advised SCOR in relation to the transfer of shares to BNP Paribas Cardif.
|Advised DWF on the recommended cash offer from Inflexion Private Equity Partners.
|Advised Numis on the recommended cash offer from Deutsche Bank.
|Advised Curtis Banks Group plc on the recommended cash offer from Nucleus.
|Advised Ardonagh on a major new investment in the Group.
|Advised ThinCats on its £160 million strategic investment from Wafra Capital Partners.
|Advised Ardonagh on its group refinancing including a combination of both private and public instruments.
|Advised Swiss Re on the sale of ReAssure to Phoenix Group.
|Advised Investec on the demerger of its Asset Management business (rebranding to Ninety One).
|Advised Provident Financial on the issue of its £250m Senior Notes.
|Advised DWS on its IPO.
|Advised Provident Financial on its £331m rights issue.
|Advised Sabre Insurance on its IPO.
|Advised Charter Court on its IPO.
|Advised Just Retirement on its placing and open offer in connection with its merger with Partnership Assurance.
|Advised Pamplona Capital Management on the sale of residential mortgage backed securities to Davidson Kemper.
|Advised OneSavings Bank on IPO.
|Advised Just Retirement on its Initial Public Offering.
|Advised Barclays on its rights issue.
|Advised LV= on its £350 million issue of Lower Tier 2 subordinated debt.
|Advised Ashpol (managed by F&C REIT) on the restructuring of its First Mortgage Debenture Stock.
|Advised Standard Chartered Group on its Rights Issue.
|Advised Brightsea EOL (managed by F&C REIT) on the repurchase of a First Mortgage Debenture Stock.
|Advised Gottex Fund Management on its initial public offering.
|Advised Polygon Investment Management on its initial public offering of Tetragon.
|Advised Standard Chartered on its cash placing to finance the acquisition of Hsinchu International.
|Advised London Stock Exchange on its return of capital via B Share scheme.
|Advised Alliance & Leicester on its issue of Tier 1 Securities.
|Advised Aberdeen Asset Management on its issue of 4.5% convertible bond.
|Advised Aberdeen Asset Management on its placing and open offer of convertible preference shares.
|Advised Standard Chartered on its cash placing to finance the acquisition of Korea First Bank.
|Advised Henderson Group on its demerger from AMP and initial public offering raising £190m of new equity.
|Advised Standard Chartered on its Hong Kong dual primary listing and equity issue.
|Advised Scor on its rights issue.
|Advised Swiss Life on its rights issue.
|Advised Cazenove on its private placing of unlisted equity.
|Advised Standard Chartered on its cash placing to finance the acquisition of Chase Hong Kong.
|Advised Egg on its initial public offering.
|Advised on the disposal by Metallgesellschaft and initial public offering.
|Advised Intermediate Capital Group on its 1 for 4 rights issue.
|Advised Standard Chartered on its cash placing to finance the acquisition of UBS trade finance business.
|Advised Norwich Union on its demutualisation and initial public offering.
|Advised Alliance & Leicester on its demutualisation and initial public offering.
|Advised Invesco on its 1 for 5 rights issue to fund the acquisition of AIM.
|Advised Stadhypotek on its initial public offering.
|Advised Gartmore Asset Management on its initial public offering.
Fenchurch is pleased to announce that it advised Pamplona Capital Management on the sale of subordinated interests in a UK residential mortgage backed securitisation structure to funds advised by Davidson Kempner for over £85 million.
The portfolio underlying the securitisation structure consists of some 2,000 UK mortgages with a total value of approximately £285 million. The mortgages are spread across the UK, with more than 40% being in London or the South East, and are loans against both owner-occupied and buy-to-let properties.
Michael Rosen, Partner at Pamplona Capital Management, commented: “Fenchurch’s independent approach and broad sector relationships helped to conduct a highly competitive process and ensure value was maximised for Pamplona’s investors.”View / Download PDF >
Note – includes transactions advised on by Fenchurch team members at predecessor firms