Subscríbe
to our weekly newsletter

Your Name

Your eMail

published FEBRUARY 03, 2010

Slaughter and May is advising New Look on Initial Public Offering on London Stock Exchange

Slaughter and May is advising New Look on a proposed initial public offering of shares to raise approximately £650 million and listing on the main market of the London Stock Exchange. There is also the possibility of a limited secondary sell-down to existing shareholders. New Look is a leading UK fast fashion retailer operating in the growing value segment of the apparel market. Credit Suisse Securities (Europe) Limited, Deutsche Bank AG, London Branch and J.P. Morgan Cazenove Limited are acting as joint sponsor and joint bookrunners. Lazard & Co., Limited is acting as joint sponsor. Barclays Bank PLC, Lloyds TSB Bank plc, RBS Hoare Govett Limited and Singer Capital Markets Limited are acting as co- managers. The proposed flotation was announced on 2 February 2010. Martin Hattrell (partner), Simon Nicholls (partner), Harry Coghill (associate), Carlo Zenkner (associate), Tim Pitt (associate); Financing: Matthew Tobin (partner), Caroline Sanderson (associate); Pensions and Employment: Eddie Codrington; IP/IT: Andrew Mercer (associate); Tax: John Wood (associate)