IFLR1000

TI Fluid LSE IPO

26/10/2017
IPO
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Completed

26/10/2017

Overview:

  • TI Fluid has undertaken an IPO on the LSE.
  • TI Fluid manufactures automotive fluid systems and is owned by Bain Capital.
  • The company had postponed its plan for the offering from last year until now due to Brexit, Middle East uncertainties and inconstancy in oil prices.
  • Goldman Sachs and JPMorgan were joint sponsors and underwriters on the deal. 

Katrin Kostadinova - Data analyst 

Jurisdiction:

United Kingdom

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

England and Wales

Industry sector:

Automotive

Firms:
Clifford Chance

Party: Goldman Sachs International (Sponsor)

Party: JP Morgan (Sponsor)

Lawyer: Simon Thomas

Latham & Watkins

Party: TI Fluid (Issuer)

Lawyer: James Inness

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