IFLR1000

Aryzta €790 million rights issue

15/11/2018
Rights issue
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€ 790 million

$ 874.450 million

Completed

15/11/2018

Overview:

  • Food group Aryzta has undertaken €790 million rights issue.
  • A total of 900, 184, 940 new registered shares were offered to the existing shareholders at an offer price of SFr1.00 per share.
  • The new funding will be used to pay off debts and finance the company's restructuring plans.

Rajeeb Gurung - Researcher

Jurisdictions:

Ireland
Switzerland

Deal type:

Rights issue

Practice area:

Capital markets : Equity

Industry sector:

Food and beverage

Firms:
Arthur Cox

Party: Aryzta (Issuer)

Lawyers: Cian McCourt, Conor McCarthy

Bär & Karrer

Party: Bank of America Merrill Lynch (Joint global coordinator)

Party: UBS (Joint global coordinator)

Party: Credit Suisse (Joint global coordinator)

Party: JP Morgan (Joint global coordinator)

Party: HSBC (Joint global coordinator)

Party: Credit Agricole Corporate and Investment Bank (Joint bookrunner)

Party: Mizuho International (Joint bookrunner)

Party: Rabobank (Joint bookrunner)

Lawyer: Michael Trippel

Freshfields Bruckhaus Deringer

Party: Aryzta (Issuer)

Homburger

Party: Aryzta (Issuer)

Lawyers: Benedikt Maurenbrecher, Benjamin Leisinger, Claude Lambert

Linklaters

Party: Consortium of underwriters (Syndicate of underwriters)

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