McCann FitzGerald advises BofA Merrill Lynch, Goodbody and Davy on €176m secondary equity capital raise by Cairn Homes plc

McCann FitzGerald advised BofA Merrill Lynch and Goodbody (Joint Global Co-ordinators and Joint Bookrunners) and Davy (Co-Bookrunner) in connection with the firm placing and placing and open offer of approximately 157.6 million new ordinary shares in Cairn Homes plc, raising gross proceeds of approximately €176.5 million. The new shares were admitted to listing on the standard listing segment of the Official List of the FCA and to trading on the main market for listed securities of the London Stock Exchange plc on 19 April 2016.