Rubicon Partners

In 2010 Avia Solutions Group, the Lithuanian holding company which offers services for aviation industry, has decided to conduct the initial public offering (IPO) on the Warsaw Stock Exchange. The cooperation with Rubicon Partners has been established by the Company and its owners to conduct the process efficiently. Rubicon served as a financial advisor, PR/IR adviser and offer coordinator.

 

Financial adviser for the Lithuanian holding company which offers services for aviation industry in cross-border IPO transactions on WSE.

  • Verification of financial models and valuations of the companies, preparation of materials for investment presentations purposes
  • Optimal transaction structuring
  • Advisory and assistance in proceedings before polish capital market institutions (Polish Financial Supervision Authority, KDPW (central settlement system) and Warsaw Stock Exchange)

Transaction details

Issuer Avia Solutions Group AB
Core business Aviation related services
Date of debut 03/03/2011
Market GPW
Type of offer Initial Public Offering (IPO)
Offer shares
(all new shares)
1 473 333
(25% of post – IPO share capital)
Opening price +2,5%
Transaction value 76 613 316 PLN
Use of proceeds Expansion of ground handling & MRO branches
  • First company from Lithuania listed on the WSE
  • First company representing the aviation industry listed on the WSE
  • 72.6% oversubscription in the retail tranche

The professional approach and high quality of provided services has resulted in further cooperation with Avia Solutions Group – Rubicon Partners served as a financial adviser in next IPO conducted by other company from the AS Group – AviaAM Leasing.

Issuer AviaAM Leasing AB
Core business Aircraft lease
Date of debut 28/06/2013
Market GPW
Type of offer Initial Public Offering (IPO)
Offer shares
(all new shares)
13 857 790 (32% of post –IPO share capital)
Opening price +3,6%
Transaction value 112 150 032 PLN
Use of proceeds Aircraft purchase
  • First aircraft leasing company listed on Warsaw Stock Exchange
  • The largest IPO of a foreign company on the Warsaw Stock Exchange in 2013