Latham & Watkins and Davis Polk & Wardwell have taken lead roles on Manchester United’s initial public offering (IPO) on the New York Stock Exchange (NYSE), ending long-running speculation as to where the football club would make its stock market debut. US firm Latham is advising Man Utd, which submitted its F-1 filing with the Securities and Exchange Commission yesterday (3 July). The club is aiming to raise $100m (£64m) to reduce its debts, which as of 31 March stood at £423.3m.
July 04, 2012 at 05:13 AM
1 minute read
The original version of this story was published on Legalweek
Latham & Watkins and Davis Polk & Wardwell have taken lead roles on Manchester United’s initial public offering (IPO) on the New York Stock Exchange (NYSE), ending long-running speculation as to where the football club would make its stock market debut.
US firm Latham is advising Man Utd, which submitted its F-1 filing with the Securities and Exchange Commission yesterday (3 July). The club is aiming to raise $100m (£64m) to reduce its debts, which as of 31 March stood at £423.3m.
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