NautaDutilh, alongside US counsel Shearman and Sterling LLP, assisted the Underwriters in NIBC's IPO on Euronext Amsterdam. The group of Underwriters consisted of Citigroup, Deutsche Bank and Morgan Stanley as Joint Global Coordinators, and ABN AMRO Bank and ING as Joint Bookrunners. The shares were offered to institutional and retail investors in the Netherlands and to certain institutional investors in various other jurisdictions.
On 23 March 2018, the trading of 36,577,203 NIBC shares commenced on Euronext Amsterdam.
JC Flowers, the selling shareholder, further granted the underwriters an over-allotment option of up to 2,725,001 shares. If exercised, the total deal will represent approximately 27% of NIBC's issued share capital or approximately EUR 344 million.
The team was led by Antonia Netiv and further consisted of Petra Zijp, Joppe Schoute, Sabrina Legerstee (Capital Markets), Sven Uiterwijk, Daphne Wichard (Financial Law), Edward Rijnhout, Arianne Bonthuis - Broekman, Tom Vincken (Tax), Joyce Trebus (Employment).