CSFB guarantees Doughty £560m for 40% fee hike

RHM bookbuilding range set 20% below initial expectations

Credit Suisse First Boston has guaranteed buy-out firm Doughty Hanson a minimum price for the flotation of UK food group RHM in exchange for a fee structure 40% higher than a traditional IPO.

CSFB will receive an underwriting fee of 1% in addition to the IPO fee of 2.5% and incentive fees of 0.5%, according to the prospectus.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump