Pinsent Masons advises Cairn Homes on IPO
15 Jun 2015 | 09:41 am |
International law firm Pinsent Masons has advised home builder Cairn Homes on its initial public offering (IPO) on the main market of the London Stock Exchange, raising €385 million and with an initial market capitalisation of €430 million.
Cairn is the first Irish homebuilder to list for more than 20 years and the funds raised will be used to fund development of several sites the company has acquired in Dublin and Galway and to acquire and develop further sites.
Corporate partner Andrew Black and senior associate Chrissy Findlay led the Pinsent Masons team advising on the transaction, with assistance from Gareth Edwards, Louise Wolfson, James Kaye and Costa Smith.
Commenting on the deal, Andrew Black said:
"We are delighted to have helped Cairn achieve this IPO, which had many novel features and will give them the firepower to build a land bank in an area with high demand for new homes in a strongly recovering economy.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advises on highest value bonus claim brought before DIFC Court
Multinational law firm Pinsent Masons has successfully represented Mr. Ferri-Ricchi, a foreign exchange trader, in what is believed to be the highest value bonus claim ever brought before the Dubai International Financial Centre Court of First Instance.
Pinsent Masons hires pensions expert
Multinational law firm Pinsent Masons has appointed pensions partner, Ian Mylrea, to join the firm’s financial services sector in Manchester
Pinsent Masons signs lease to move to iconic Sydney address
Multinational law firm Pinsent Masons will continue its strong growth in Australia at a new Sydney address after signing a lease to move into one of the city’s most iconic addresses.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons boosts its London property capability with double partner hire
Multinational law firm Pinsent Masons has appointed partners Tim Webb and Emma Maher to its property practice.
Pinsent Masons advises Clarios on Series B1 financing round of Altris
Multinational law firm Pinsent Masons advised Clarios on its investment in Altris as part of the Series B1 financing round.
Pinsent Masons continues expansion in Australia with two senior corporate appointments
Multinational law firm Pinsent Masons has continued its expansion in Australia with the appointment of partner James Stewart and special counsel Roger Hawkins to our corporate team.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]