Clifford Chance

Today, the FCA published new rules that mark a significant shift from the UK listing regime that has been in place for over 30 years. These reforms consolidate the UK listing regime into a single listing category, making it easier for companies to qualify for a listing and reducing the ongoing obligations for listed companies. Effective from 29 July 2024, these changes aim to make the UK a more attractive market for IPOs and secondary listings.   Read our summary of the 10 key takeaways on how the new listing regime will impact:   1️⃣ Companies considering an IPO or a secondary listing in London 2️⃣ Companies already listed in London 3️⃣ Investment banks acting as a listing sponsor on UK transactions   Find out more about the implications of these changes below 👇

⚡We have advised Grenergy Renovables on the financing for the first two phases of Oasis de Atacama, the largest battery project in the world.   The construction of Oasis de Atacama represents a milestone for the Latin American market, as it is the world's largest battery #storage project. The financing has been granted by several international banks with experience in the Latin American market.   The financing of phase 1 and 2 of Oasis de Atacama, comprising 220 MWp of solar and 1.24 GWh of storage.   Congratulations to the Clifford Chance team led by Jose Guardo and Eduardo Sánchez Roldán, supported by Alejandro Cubillo Jiménez and Elena Euba Hernández!   👉 Read more here: https://lnkd.in/d4chzY

📣 Our team in Prague has successfully supported Česká spořitelna, a major Czech bank and subsidiary of Erste Group, in financing the acquisition of Znojemské strojírny. This marks yet another successful acquisition for Oriens, powered by our legal expertise and Česká spořitelna's financial backing. Our team was led by associate Tomáš Kubala with support of junior lawyer Pavlína Tomečková and supervision of managing partner Milos Felgr. Read more here: https://okt.to/dtBM0D

🏆 Leadership | Clifford Chance ranks in the top 3 for M&A in Spain by value for the first half of 2024, thanks to its participation in some of the major deals in the Spanish market this year. These transactions include: 🚀 Cinven’s acquisition of idealista 🚀 Iberdrola’s acquisition of 100% of Avangrid 🚀 EQT’s acquisition of Universidad Europea 🚀 DiGI’s sale of its FTTH business. Read the full article here: https://okt.to/hkBeOm Also, our partner Samir Azzouzi Maanan stands out among the leading advisers for major transactions in Spain, both by transaction value and number. Read the full article on individual ranking: https://okt.to/gpEzRF Expansión Jurídico extracts this data from the ranking of deals and legal advisers for the first half of the year prepared by Mergermarket. It is an honour for us to advise our clients on their most relevant and strategic corporate deals. Congratulations to our team! #Leadership #MergersandAcquisitions

🏢 Our Casablanca office is the leading international law firm in Morocco, and a strategic hub for our global clients across the African continent. From the city of Casablanca, our colleagues share insights into the impact and opportunities Clifford Chance offers. Interested in being a part of the ‘Morocco law firm of the year 2024’ ( Chambers and Partners) and collaborating with colleagues across borders? Join our talent community for regular updates on Clifford Chance and find out more about when opportunities launch in Casablanca. Click the link below to join our talent community! Link - https://okt.to/24X9Mu

✨ We are thrilled to share our new rankings in the Chambers and Partners Crisis & Risk Management Guide for 2024. For the third consecutive year, we have been ranked Band 1 Global-wide in the ESG Risk (Law Firms) category. In addition, partner Rae Lindsay has been individually ranked Band 2. This recognition reflects our continued commitment to excellence in ESG and risk management. We have also been ranked Band 1 and Band 2 for Crisis Management in the UK and Global categories, respectively, with Chambers noting, "They are very good at the top corporate white-collar crime, an extremely good team for that." Partner Luke Tolaini was also recognised as Band 1 for the UK category. #chambersandpartners #esgrisk #crisismanagement #riskmanagement"

📺 Watch: Navigating the FCA's Ongoing Reforms to the UK Listing Regime: What Companies Considering an IPO Need to Know Head of our award-winning Capital Markets practice in London, Simon Thomas recently spoke to Charlie Walker, Deputy CEO of the London Stock Exchange, about why the most significant UK market reforms in a generation really matter. They spoke about the proposed regulatory changes which are intended to ensure that companies in the UK can access funds to drive growth in an easier and more flexible way and why reforms to the UK listing rules will reinforce the UK Main Market as the preferred listing destination for international companies. We’re excited about more news from the Financial Conduct Authority in the coming weeks. We are currently helping several companies navigate the new rules and get in touch with our ECM team to explore how the new regime will operate in practice. Watch our full discussion here: https://okt.to/2h1Cyc #CapitalMarkets #UK #London #MainMarket #IPO #AIM #RaisingFinance

📣 We have advised a syndicate of domestic and international lenders on the €415 million refinancing of idealista's debt. This financing was granted in the context of Cinven's acquisition of a 70% stake in idealista's share capital for an enterprise value of €2.9 billion, the biggest transaction in history in the technology sector in Spain. Read more here: https://okt.to/vXoWnx The Clifford Chance team was formed by Global Financial Markets partners María Sabau and Rodrigo Uría, together with associates Elena Euba and Alessandra Ravazzolo

📅 Virtual event: Central Bank Digital Currencies co-hosted with the International Monetary Fund We're delighted to invite you to join us on Tuesday 9 July for a virtual event focused on the evolving legal questions around the development of central bank digital currencies (CBDCs). The sessions will bring together leading global policy and industry experts advising on CBDC design and implementation to discuss the crucial legal considerations and latest developments as more jurisdictions around the globe meaningfully explore the introduction of CBDCs. With opening remarks from Yan Liu , Deputy General Counsel, IMF and Monica Sah, Partner, Clifford Chance, there will be three panels focused on: CBDC legal status and design, CBDCs and private sector intermediaries and CBDCs and payment laws, with closing remarks from Carine Antoine Chartouni, Deputy Division Chief, IMF and Alexander Tollast, Counsel, Clifford Chance. 🕒 9:00 EST/ 14:00 BST / 15:00 CEST / 17:00 GST / 21:00 SGT Register your interest: https://okt.to/2WItYP

🌈 We enjoyed hosting a series of Arcus Pride Art events around the world, embracing the spirit of love and identity in all its forms. We believe #PrideWithoutBorders is more than an art exhibition – it's a statement of solidarity and a beacon of inclusivity. Together with our colleagues and our clients, we're helping to build a world where pride knows no borders. Our annual Arcus Pride Art exhibition by LGBT+ artists and supporters is a highlight of our ongoing commitment to #LGBT+ inclusion. See more here: https://okt.to/ObShu6