Nachrichten May 16, 2016

Shearman & Sterling Advises the Underwriters in Connection With Sif Holding's IPO and Euronext Amsterdam Listing

Shearman & Sterling advised ABN AMRO, HSBC Bank, ING Bank and  Rabobank, as underwriters, in connection with the IPO and Euronext Amsterdam listing of Sif Holding.  The transaction closed on May 16, 2016.

Sif is a leading manufacturer of large steel tubulars which are used as foundation components for the offshore wind and offshore oil & gas markets. Sif manufactures customized tubular components for offshore foundations, predominantly in the greater North Sea region.

The Shearman & Sterling team was led by partner David Dixter and associates Ana S. Grbec and Saif Alaqili (all London-Capital Markets).  Partner Kristen Garry (Washington, DC-Tax) and associate Eric Grosshandler (New York-Tax) advised on tax matters, and counsel Mehran Massih (London-Real Estate) advised on the environmental aspects of the transaction.  Associate Lulu Zhou (London-Capital Markets) also assisted in the transaction.