Clifford Chance (CC), Slaughter and May and Davis Polk & Wardwell have all won roles advising on troubled house builder Taylor Wimpey's £510m fundraising. The fully underwritten placing, which is subject to shareholder approval this month, will cut the company's debt by around one-third. Slaughters reprised its role for regular client Taylor Wimpey, with corporate partner Jeff Twentyman leading the firm's team. Davis Polk advised the house-builder on US aspects, with London-based corporate partner Nigel Wilson advising.
May 20, 2009 at 10:43 PM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC), Slaughter and May and Davis Polk & Wardwell have all won roles advising on troubled house builder Taylor Wimpey’s £510m fundraising.
The fully underwritten placing, which is subject to shareholder approval this month, will cut the company’s debt by around one-third.
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