Pinsent Masons, Simmons & Simmons and Morrison & Foerster have won lead roles on a £341.3m fundraising as building materials company SIG moves to cut its debt burden. Sheffield-based SIG is raising money in order to pay off creditors and avoid breaching loan agreements, making additional shares available to existing shareholders as well as on open offer.
April 01, 2009 at 11:16 PM
1 minute read
The original version of this story was published on Legalweek
Pinsent Masons, Simmons & Simmons and Morrison & Foerster have won lead roles on a £341.3m fundraising as building materials company SIG moves to cut its debt burden.
Sheffield-based SIG is raising money in order to pay off creditors and avoid breaching loan agreements, making additional shares available
to existing shareholders as well as on open offer.
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