John Horsfield-Bradbury

Capital Markets

John has extensive experience in public and private offerings of equity and debt securities for a wide range of issuers. He is also actively involved in advising issuers listed in the United States on wide-variety of corporate governance matters:

• Anheuser-Busch InBev on a wide variety of securities issuance and liability management transactions including: its $8.2 billion rights offering in 2008, its debut listing of ADSs on the NYSE in 2009, multiple registered and unregistered debt offerings totaling over $100 billion, including the second largest bond offering of all time when it issued $46 billion aggregate principal amount of guaranteed notes to pre-fund the acquisition of SABMiller plc
• Budweiser Brewing Company APAC on its $5.75 billion initial public offering and listing on the Hong Kong Stock Exchange
• bp on its $12 billion hybrid bond offering and over $60.5 billion of U.S.-registered notes since 2008

• Cellink on its SEK 1.5 billion 2.875% senior unsecured convertible bonds due 2026 convertible into Class B shares of Cellink via an ABO and a directed issue of SEK 1.5 billion of new Class B shares
• CRH plc in the relocation of its primary listing to the New York Stock Exchange
• CyrusOne Inc. (CONE), a U.S. data center REIT, on its inaugural €500 million benchmark CSPP-eligible green-bond issuance
• Equinor on over $10 billion of U.S.-registered notes issuances
• The Goldman Sachs Group on over $50 billion of its notes offerings since 2008
• Haleon Group, the former consumer healthcare joint venture between GSK and Pfizer, in connection with the demerger and listing of Haleon on the London Stock Exchange and NYSE and its $8.75 billion offering SEC-registered debt exchange offer
• JDE Peet’s N.V. on its inaugural $1.75 billion Rule 144A and Regulation S investment grade bond offering
• The Kingdom of Denmark on the update to its €50B EMTN Programme and the inaugural $2B issuance under this updated Programme
• International Airlines Group on its €2.75bn rights issue
• Pershing Square Holdings on its initial public offering and listing on Euronext Amsterdam
• Skandinaviska Enskilda Banken on its $1.85 billion rights offering
• SoftBank Group in a series of capital markets transactions which involved monetizing a portion of its shares of Alibaba Group Holding and in relation to its agreement with Deutsche Telekom AG to monetize its stake in T-Mobile US, Inc
• Telia Company on its €427 million placement of shares in Turkcell IIetsim Hizmetleri AS
• UBS Group AG in its $3.5 billion offering of two tranches of contingent convertible notes qualifying as additional tier 1 capital for Swiss regulatory purposes to US investors in reliance on Rule 144A
• XXL, the largest Nordic sports retailer, in connection with its initial public offering and listing on the Oslo Børs
• ZIM Integrated Shipping Services Ltd., advising the underwriters, on its $250 million initial public offering and listing on the NYSE and on its $279 million secondary offering of shares

M&A

John has advised a broad array of multinational organizations on transformational global transactions including:

• Anheuser-Busch InBev on its acquisition of SABMiller plc, the biggest ever takeover of a London-listed company; and on the sale of a 49.9% stake in its U.S. based metal container production plants to Apollo for approximately $3 billion
• Barclays on the $15.2 billion sale of the Barclays Global Investors business to BlackRock
• bp on its agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company to acquire a minority interest in Abu Dhabi’s ADCO onshore oil concession in exchange for 2% of bp’s issued share capital
• Credit Suisse on the acquisition of the private wealth management business in Europe, Middle East and Africa of Morgan Stanley
• Cúram Software on its acquisition by IBM Corporation
• e& on multiple transactions including:
  • its announced expansion into Central and Eastern Europe through an investment in a majority stake in PPF Telecom
  • its acquisition of a 15% stake in Vodafone Group Plc and the entry into a relationship agreement with Vodafone providing for board representation as the largest shareholder
• Silver Lake Partners and Skype on the $8.5 billion acquisition of Skype by Microsoft
• Telia Company, the pre-dominant Swedish telecommunications company on a significant number of critical matters including:
  • the sale of all of its common shares in Spotify Technology for an aggregate cash consideration of approximately $272 million
  • the sale of its 47% interest in Turkcell (the leading mobile operator of Turkey) to the Turkey Wealth Fund for $530 million
  • the sale of its mobile telecommunication business in Moldova, Moldcell to CG Corp Global
  • the sale of its majority interest in Azercell (a leading Azeri telecommunications operator ) to a company wholly owned by the Republic of Azerbaijan, for €222 million
  • the sale of its mobile telecommunication business in Georgia, Geocell, to Silknet JSC, a Georgian wireline telecommunications operator, for total consideration of approximately $153 million
  • the sale of its majority interest in Kcell (the leading Kazakhi telecommunications operator) to the telecom operator Kazakhtelecom, which is controlled by the sovereign wealth fund Samruk-Kazyna for $446 million