David Dixter

Select highlights of his transactions include the representation of:

Equity Capital Markets

• The underwriters on the share capital increase of Cenergy Holdings S.A.
• The underwriters on the divestment of Hellenic Financial Stability Fund’s 10% stake in National Bank of Greece S.A.
• General Atlantic on the successful placement of shares in ATOSS Software SE
• The underwriters in connection with NatWest Group Plc’s offering of $1.75B senior notes.
• Pick n Pay on its ZAR4 billion rights offering.
• The dealers in connection with NatWest Markets Plc’s offering of $2.75B senior notes.
• The underwriters in connection with NatWest Group Plc’s offering of $1B additional tier 1 capital notes.
• Joint global coordinators and managers in connection with separation and listing of Svitzer Group A/S, A.P. Møller-Mærsk’s towage and marine services activities.
• Citycon on €300M green notes and tender offer.
• Aurous on $362M business combination with Rigel Resource.
• The underwriters in connection with two offerings by NatWest Group Plc of $2.8B senior notes and $1B tier 2 notes.
• The underwriters in connection with the initial public offering and Athens Stock Exchange listing of Athens International Airport S.A., Greece's biggest IPO in over 15 years.
• The underwriters in connection with ArcelorMittal’s US$2 billion offering of ordinary shares and mandatorily convertible subordinated notes.
• The underwriters in connection with NKT A/S’ DKK 1.31 billion rights offering.
• Nordic Paper Holding AB (publ) in connection with its initial public offering and Nasdaq Stockholm listing.
• Unifiedpost Group SA/NV in connection with its initial public offering and Euronext Brussels listing.
• VNV Global Ltd., formerly known as Vostok New Ventures Ltd. (VNV), in connection with its rights offering and redomestication from Bermuda to Sweden.
• The Foschini Group Limited (TFG) in connection with its R3.95 billion rights offering.
• The placement agents in connection with Samhällsbyggnadsbolaget i Norden AB (publ)’s (SBB) rights issue launched in connection with SBB's acquisition of Hemfosa.
• The underwriters in connection with the €669.5 million initial public offering and privatisation of Nova Ljubljanska banka, Slovenia’s largest bank, and the listing of its shares on the Ljubljana Stock Exchange and GDRs on the London Stock Exchange. This is the largest ever Slovenian IPO.
• The underwriters in connection with Sibanye Gold Limited’s $1 billion rights offering. This is one of the largest ever rights offerings by a South African company and the largest ever acquisition-related capital raising in South Africa.
• Tele2 AB in connection with its SEK 3 billion rights offering and its SEK 27 billion merger with Com Hem.
• The underwriters in connection with the NOK 7.9 billion initial public offering and listing on Oslo Børs of Elkem ASA.
• Sonae SGPS and Sonae MC in connection with the proposed initial public offering and Euronext Lisbon listing of Sonae MC.
• The underwriters in connection with the initial public offering and listing on Euronext Amsterdam of NIBC Holding N.V.
• The underwriters in connection with Terveystalo Oyj’s €876 million initial public offering and Nasdaq Helsinki listing.
• Euronext N.V., as issuer, and Intercontinental Exchange, Inc., as selling shareholder, in connection with Euronext's €1.4 initial public offering and listing on Euronext Paris, Euronext Amsterdam and Euronext Brussels.
• The underwriters in connection with the €3.8 billion privatisation, initial public offering and Euronext Amsterdam listing of ABN AMRO.
• The underwriters in connection with the €3.1 billion re-IPO of Endesa SA. The underwriters in connection with Banco Popular Español's €2.4 billion rights offering.

Debt Capital Markets

• The underwriters on multiple bond offerings by NatWest Group (formerly The Royal Bank of Scotland Group), including its $1.25 billion fixed-rate/floating-rate senior notes offering; establishment of a US medium-term note programme and inaugural offering of $1 billion senior notes and $300 million of floating rate senior notes; $2 billion fixed-rate/floating-rate senior notes offering; $1.5 billion fixed-rate/floating-rate senior note offering; its $2.65 billion perpetual subordinated contingent convertible notes; $1.25 billion floating-rate senior notes; and $2 billon floating-rate senior notes.
• The initial purchasers in connection with Reckitt Benckiser’s $7.75 billion bond offering in connection with the acquisition of Mead Johnson Nutrition Company; and the initial purchasers in connection with Reckitt Benckiser's €1.7 billion and £500 million senior notes offerings.
• The underwriters in connection with the Republic of Iraq’s inaugural $1 billion bond offering.
• Nokia in connection with multiple bond offerings and liability management transactions.
• Partner Communications Company Ltd. in connection with multiple debenture offering.
• The Republic of South Africa in connection with the preparation and filing of its annual report on Form 18-K, and the underwriters in connection with a $1 billion SEC-registered bond offering by the Republic of South Africa.
• Citycon Oyj in connection with multiple bond offerings, including its inaugural €350 million green capital securities, and multiple liability management transactions.
• Coca Cola European Partners plc (CCEP) in connection with its multiple bond offerings.
• The underwriters in connection with Banco Santander S.A.’s $2.5 billion registered debt offering.

Recognition & Accomplishments

David has been ranked as a Notable Practitioner by Chambers UK, which quotes him as being a “heavyweight’ in the equity capital markets space, “very knowledgeable with a lot of expertise and always attentive to client’s needs” and “very practical and commercial.” He is also named as a Leading Individual by the Legal 500 UK, which references him as a “highly user-friendly, commercial” group head who is “always very involved.” David is named a “Rising Star” by Law360, and has worked on numerous “Deal of the Year” transactions. David is also recognized as a “Highly Regarded” by IFLR 1000 2023.

Clients note:

"David is an extremely pragmatic lawyer who has a wealth of experience across several markets in Europe."

"David Dixter has good communication skills, as well as excellent judgement and analytical skills."

"David Dixter is a very responsive and can-do partner."

"David is truly knowledgeable about the Nordic market."

"He is highly commercial, responsive and gives good advice on the matter at hand, which is always delivered in a personable manner."

"David can find solutions that clients need in complicated situations. He is professional, commercial, and precise."

“David Dixter stands out for his knowledge and experience in relation to US securities law and Nordic ECM transactions, primarily IPOs.”

“Exceptionally talented, very commercial and highly experienced team. They are solutions driven.”

“David Dixter has a wealth of experience mixed with a great ability to always keep an eye on the bigger picture whilst comfortably assisting clients navigate complex issues.”

David received his BCL and LLB degrees from McGill University. He started his legal career in the New York and London offices of a prominent Wall Street law firm, then as partner at a leading US firm in London prior to joining Milbank in 2021.