Skip to main content


  • AddRemove
  • Build a Report 
News Releases

Mayer Brown advises Liberbank on €792 million combined equity offering

18 August 2014
London - Leading global law firm Mayer Brown has advised Spain's Liberbank on a combined offering consisting of a €317 million accelerated share sale and a €475 million rights offering.

Liberbank's controlling shareholders, a group of Spanish regional savings banks, sold existing shares in the offering and the bank raised gross proceeds of €575 million through the issuance of new shares. The process allowed the bank to raise its CET1 ratio to the level of other domestic listed banks and reinforced its ability to pay dividends in the future. The improved capital levels are expected to allow the bank to repurchase contingent convertible bonds issued to the Spanish government's Fund for the Orderly Restructuring of Banks.

London Banking & Finance partner Robert Flanigan led the Mayer Brown team. He was assisted by Banking & Finance associates Kunel Tanna and Ally Krawcewicz and Corporate & Securities associate Vivienne Chiu.

Media Contact

  • Helen Obi
    Senior Corporate Communications & PR Manager
    T +44 20 3130 8527
  • Katie Tibbitts
    Senior PR Executive
    T +44 20 3130 8120

Related Information

  • Related People
    Robert M. Flanigan
    T +44 20 3130 3488
    Kunel Tanna
    T +44 20 3130 3243
    Aleksandra Krawcewicz
    T +44 20 3130 3653

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.