Gibson Dunn Partner Armando Albarrán Secures First Capital Markets Deal Advising Merlin Properties
Gibson Dunn, under the direction of partner Armando Albarrán, provided Merlin Properties with advice for its approximately $900 million capital increase through an accelerated book build (ABB) offer. Phase III of Merlin Properties’ data center program, 412MW, will be funded with the revenues from the share capital increase. By issuing up to 56,275,101 new shares, Merlin Properties has increased its share capital by almost 10%.