Carey Olsen advises on Specialist Fund Market IPO

A corporate team from Carey Olsen's Guernsey office advised Amedeo Air Four Plus on the successful completion of its initial public offering on the Specialist Fund Market of the London Stock Exchange with 202 million shares of the company trading at an issue price of 100p per share.

Amedeo Air Four Plus is a newly formed aircraft acquisition and leasing investment company with plans to purchase aircraft assets of approximately US$1.7 billion by the end of 2015.

The Carey Olsen team was led by corporate partner Ben Morgan, supported by senior associate John Scanlan and associate Alex Wilson, advising on the Guernsey legal aspects of the transaction.

The team acted alongside Herbert Smith Freehills, who advised on the placing and admission to the LSE, and Norton Rose Fulbright who acted in respect of the financing. Independent investment management and advisory firm Nimrod Capital LLP acted as the company’s placing agent and will be the long-term corporate and shareholder adviser.

This transaction follows the launch of three previous successful aircraft funds placed by Nimrod Capital LLP.

Nimrod Capital LLP has a strong track record of advising and raising funds for investment companies. This is their 10th listing since April 2008.

Advocate Morgan said: "Guernsey continues to be the jurisdiction of choice for non-UK companies listed on the London Stock Exchange and Carey Olsen’s expertise has proven valuable in this IPO. This is an exciting project offering institutional investors the opportunity for long-term investment in a listed company specialising in aircraft acquisition and leasing."

Service Area:

Location: