Powered by

Clifford Chance, A&O Advise on £1B Capital Raise By COVID-19 Ravaged Business

Apr 22, 2020 - Legal Week

Clifford Chance and Allen & Overy have won mandates on a £1 billion capital raising by an events giant hit by the torrid market conditions caused by COVID-19.

CC is advising FTSE 100 events and intelligence company Informa, a longstanding client, on its secondary share issuance, which has raised around £1 billion to strengthen the company's balance sheet in the midst of the COVID-19 pandemic. According to a statement by CC, the raising is the largest on the London Stock Exch...